Androids like LG's Revolution, HTC's Sensation, Samsung's flagship Galaxy S II and even some retreads like the Droid X2 from Motorola (MMI) are filling the shelves at Verizon (VZ), AT&T (T) and T-Mobile, shoving aside year-old Apple iPhones and an aging crop of BlackBerries from RIM.
The abundance of super-powered Androids comes at a time when giants like Apple, Nokia (NOK) and RIM have particularly slim pickings in terms of new devices. The timing could be particularly beneficial to the Google camp as Android stands to clean up in market share gains.
Already the leading smartphone software, Android is expected to capture a half of the worldwide market by the end of next year, according to a Gartner forecast. That same projection has Apple's market share falling to 19% by the end of 2012.Fearing a slip in gadget leadership, Apple investors knocked the stock down 3% this week on disappointment over the lack of a new iPhone at the ongoing developers' conference. Instead of a sleek new iPhone, Apple chief Steve Jobs unveiled the iCloud -- a network storage and syncing service. In three years, the Android camp has overtaken Apple as the leader in the new generation of application-rich touchscreen smartphones. To make matters worse for Apple, the next iPhone, due in September, is expected to have only minor upgrades like a dual-core processor. And as first reported by TheStreet, the 2011 iPhone will be overshadowed by the upcoming 4G LTE super-iPhone being developed for 2012. Meanwhile, RIM shares have been on a steady decline, down 35% so far this year as the BlackBerry powerhouse continues to founder. The wait for a new smartphone from RIM looks to be getting longer on reports that the upcoming touchscreen Bold, which was due this summer, is being pushed out to fall. And even though Microsoft (MSFT) has several Windows 7 phones in the market or on their way, consumers have not shown much interest in the devices. A bigger push from Microsoft is expected next year with its Nokia partnership, but there appears to be nothing but market share losses from here to that point. Meanwhile, Android heats up. --Written by Scott Moritz in New York.
To contact this writer, click here: Scott Moritz, or email: email@example.com. Follow Scott on Twitter at MoritzDispatch
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $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
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV