Apple's iPhone now accounts for 8% of all mobile phone revenue and a whopping 32% of the industry's handset profits, according to figures published by Bernstein Research analyst Toni Sacconaghi.

The numbers, published by All Things Digital blogger John Paczkowski, aren't limited just to the smartphone segment market, but look at all mobile phones sold in the first half of 2009, a $65.7 billion industry.--->>Learn More>>

Kaufman Brothers analyst Shaw Wu has reiterated his belief that China Unicom is the front-runner for the iPhone's introduction into the Chinese market, although the device may not be ready for a local launch until closer to the Chinese New Year in February of 2010.

Wu also diverges from several other analysts regarding the rumored tablet device, which he expects to land in 2010 instead of 2009.--->>Learn More>>

Apple executives are scheduled to fly into China this week, according to a source identified by regional news site Sina. The officials are specifically said to be heading to Beijing, with the express purpose of discussing the iPhone with peers at China Unicom.

Apple executives may also be meeting with officials from the country's Ministry of Industry and Information Technology, which has been handling testing for a local model.--->>Learn More>>

Apple has achieved disproportionate influence in the cellphone market this year, says Bernstein Research analyst Toni Sacconaghi. Calculating figures from the first half of 2009, Sacconaghi notes that while Apple was only the fifth-largest cellphone maker, with 8 percent of revenues, it did manage to obtain 32 percent of operating profits.

"Even if we exclude the operating losses generated by Motorola and Sony Ericsson, Apple still accounted for 25 percent of industry profits," says the analyst.--->>Learn More>>

Just recently considered the king of handheld gaming, Nintendo is now sending an alert that it could be trouble over its next fiscal year as Apple's iPhone and iPod touch might cut into its sales.

Known equally for its DS handheld and its Wii console, the company said on Thursday that it anticipates its first profit decline in four years not only because of a rough economy playing havoc with game sales but also due to harsher competition in the portable arena stemming directly from Apple devices.--->>Learn More>>