NEW YORK (
) -- Smartphones are now hotter than hot, according to Morgan Stanley.
Android phone sales at
along with the impending arrival of
Windows Phone 7 devices next month, Morgan Stanley has raised its 2010 smartphone growth estimate 11 percentage points to 53% from 42% over 2009 sales levels.
Android phones will take 24% of the entire smartphone market in the fourth quarter, more than doubling its 10% share at the end of 2009, Morgan Stanley analyst Ehud Gelblum wrote in a report Wednesday.
expected to launch Windows Phone 7 devices at all five U.K. telcos and at
in the U.S. next month, Gelblum predicts the company will grab 7% of the market in the fourth quarter.
Meanwhile, Apple's share of the growing market will slip slightly this year to 15.3% from the 16% it had at the end of 2009, according to the report.
The biggest loser in this race continues to be top phone maker
, which is expected to fall to 32.8% in the fourth quarter from 38% in the year-ago quarter.
Research In Motion
is also expected to dip. Morgan Stanley predicts RIM's share will shrink to 15.7% in the fourth quarter from 18.5% at the end of 2009.
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