Carphone credits upturn to iPhone, other smartphones

Carphone Warehouse today raised its profit estimates for its fiscal year based on the surprise success of its smartphone business (subscription required). Its earnings for its first fiscal half-year before tax and other factors jumped sharply from £65 million ($107.2 million) a year ago to £103 million ($169.9 million) and is attributed directly to the success of its smartphone sales, particularly touchscreen devices

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Carphone credits upturn to iPhone, other smartphones