S&P 500
7,401.00
+0.91%
Dow Jones
49,665.70
+0.19%
Nasdaq 100
29,241.00
+2.43%
Russell 2000
2,860.88
+0.82%
FTSE 100
10,263.70
+0.48%
Nikkei 225
63,767.70
+2.68%

Telecom & Wireless

Blackberry Users Want An iPhone

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
Follow 24/7 Wall St. on Google
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Invalid Image
Research-In-Motion (RIMM) shareholders have been concerned for some time that the Apple (AAPL) iPhone is such a good product that consumers would begin to switch to Jobs & Co. products. Those concerns have been exacerbated by the success of Google (GOOG) Android-powered smartphones.

New research shows why RIMM should be unsettled.

Crowd Science recently released a new survey which shows that the Blackberry still dominates that market for smartphones used for business though that market may not be large enough to support RIM’s rapid growth.

When Blackberry users were asked what kind of handset they would buy next, about a quarter said the iPhone and a third selected an Android-based product.

In some ways, the research is just as bad for Apple as it is for RIMM. The iPhone is a fairly “old” product that has been in the market for three years. Its appeal is supported by its huge App Store which has 150,000 software products which can only be used on the iPhone. The Android OS has only been available for a year, but smartphone users seem to like handsets with its features and functions as much as they like the iPhone. RIM and other smartphone operators that use operating systems other than the Apple or Android OSs have a problem. And, Apple has unexpected competition.

Douglas A. McIntyre   [email protected]

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

Continue Reading

Douglas A. McIntyre |

Apple May Beat Back Android With A 4G iPhone

The state of the smartphone industry is based largely on the public’s perception of how well the Apple iPhone does…

Douglas A. McIntyre |

Blackberry Owners, Shrinking But Rich

The number of smartphone owners who use Research In Motions’s (NASDAQ: RIMM) Blackberry is shrinking as a part of the…

Douglas A. McIntyre |

Will Android Ever Be Profitable For Google? Probably Not

Google Inc.  (NASDAQ: GOOG) is testing the old “why buy the cow if the milk is free” cliché with the…

Douglas A. McIntyre |

Rumors We Would Like To Hear: HTC To Buy RIM

Taiwan smartphone company HTC has an annual revenue run rate of close to $20 billion and it is currently growing…

Douglas A. McIntyre |

Will RIM’s New Operating System Save It Market Share?

Research-in-Motion (NASDAQ: RIMM) will release a new operating system which it says will allow its customers to move around the…

Douglas A. McIntyre |

Google App Store Growth Eclipses Apple’s

The Apple (NASDAQ: AAPL) App Store may have 300,000 downloadable software applications, but Google (NASDAQ: GOOG) is gaining on that…

Douglas A. McIntyre |

Dell To Replace BlackBerry With A Handset That May Not Work

Dell (NASDAQ:DELL has decided to replace the 10,000 or so Research In Motion (NASDAQ: RIMM) BlackBerries that its employees use…

Douglas A. McIntyre |

RIM: When 36% Growth Is A Disappointment

Research In Motion (NASDAQ: RIMM) announced that its fiscal fourth quarter sales for the period which ended on February 26…

Douglas A. McIntyre |

The Smartphone Business Loses Its Luster

The smartphone business was among the most attractive in the tech world until recently. That was before Microsoft (NASDAQ: MSFT)…

Top Gaining Stocks

Akamai
AKAM • Vol: 21,556,944
Micron Technology
MU • Vol: 65,135,624
Intel
INTC • Vol: 227,504,426
Monster Beverage
MNST • Vol: 15,284,847
Dell Technologies
DELL • Vol: 12,167,525

Top Losing Stocks

Mettler Toledo International
MTD • Vol: 539,266
Motorola Solutions
MSI • Vol: 3,101,643
Expedia
EXPE • Vol: 4,189,786
Coterra Energy
CTRA • Vol: 73,319,495
Fidelity National Information Services
FIS • Vol: 11,468,820