Tuesday, January 5, 2010

RIMM News



Interesting report from SmartMoney this week....
Smartphone also-rans

In the past few years, several smartphones hit the market with similar features to the iPhone and BlackBerry, but they haven't generated the same buzz. As a result, fewer developers are likely to create applications and other products that cater to those phones.

Today, the BlackBerry dominates the smartphone market with 40% market share, followed by the iPhone with 25%, according to data released by ComScore in December. In the near term, both are expected to stay at the top. ComScore found that most consumers who'll be shopping for smartphones in the next three months plan to purchase a Blackberry (51%) or an iPhone (20%).

By contrast, only 5% of respondents said they planned to purchase T-Mobile's MyTouch. The Palm Pre and Palm Centro received 2% and 1% of the vote, respectively.

A possible upcoming competitor that could shake up the space is Google's (GOOG) Android. According to ComScore, as of October, the Android's market share had doubled to 3.5% in the past year. >>Read entire report
Click Here For The Wall Street Journal Online


Other News: Morgan Stanley issued an overweight rating on RIMM today.


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