Apple captured an estimated 93% of mobile profits in Q4

Tiernan Ray, Barron's:

Canaccord Genuity’s Mike Walkley this morning raises his price target on shares of Apple (AAPL) to $145 from $135, writing that his review of market data suggests continued strength for the iPhone 6 upgrade cycle.

Walkley writes that his assessment of vendor data in smartphones suggests, whose shares he rates a Buy, captured 93% of industry profits in Q4.

Apple may have one third of all users of smartphones by the end of 2018, he reckons.