Five Top Smartphone Stocks of 2009
Apple's iPhone had a breakthrough year. The $99 2G iPhone and the $199 iPhone 3GS gave AT&T (T) both a low road and a high road to blockbuster sales.
The numbers. Apple sold 7.4 million iPhones in the most recent quarter and gained four percentage points of market share worldwide to climb to third place with 17% of the market. The iPhone is in its third year, its final year as an exclusive to AT&T. As international expansion continues, there have been questions about what service provider will land the iPhone next in the U.S. Until Monday, the presumed next destination was Verizon, but Weisel analyst Doug Reid predicts a detour to T-Mobile.
The stock. Apple shares are up 133% this year as the Cupertino, Calif. gadget shop continues to make magic with consumers and investors. The big challenge: How Apple will keep that momentum going.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV