Apple Inc. (AAPL) Continues To Gain Smartphone Market Share

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Apple Inc. (AAPL) Continues To Gain Smartphone Market Share
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It should come as little surprise that Apple Inc. (NASDAQ:AAPL) continues to grow its market share for the iPhone. Apple’s sale of 31.6 million iPhones in the last quarter is what drove Apple’s earnings per share beyond what analysts were calling for from the Cupertino company. With falling iPad sales, the iPhone was truly Apple’s savior in the last quarter. It’s expected that Apple Inc. (NASDAQ:AAPL) will also be releasing additional new iPhones later this year.

Apple Inc. (AAPL) Continues To Gain Smartphone Market Share

“We are laser-focused and working hard on some amazing new products that we will introduce in the fall and across 2014,” Apple CEO Tim Cook said in a statement following the second quarter earnings call.

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Raymond bullish on Apple Inc. (NASDAQ:AAPL)

Yesterday saw Tavis C. McCourt of Raymond James, equally positive about Apple following the release of latest smartphone market data from comScore’s MobiLens numbers for June, which saw Apple nearly eclipse the 40% mark for smartphone market share in the United States. Many other aspects of the U.S. smartphone market have stayed the same between March and June of this year, but Apples continues to dominate as the top smartphone maker with an almost 40 percent share of the OEM market. However, Apple has also slightly increased its share of the OEM market since March, growing from a 39 percent share to a 39.9 percent share in June.

Meanwhile, second-ranked Samsung  went from a 21.7 percent OEM market share in March to a 23.7 percent market share in June, a 2.0 point increase owing to  the release of its new Galaxy S4 flagship device. All other OEMs including BlackBerry, Motorola, HTC and LG  saw slight decreases in their U.S. smartphone market share during the June quarter. None of the aforementioned four have ever seen 10% of smartphone market share and this remains the case given their most recent declines.

While this all quite encouraging for Apple Inc. (NASDAQ:AAPL), when you to turn to operating system share, Android again holds the top spot, though its share declined slightly month-over-month  to 52% from 52.4%. Apple Inc. (NASDAQ:AAPL) remains in second with 39.9%, followed by BlackBerry at 4.4%.

Apple Inc. (NASDAQ:AAPL) vs Android

For the foreseeable future, Apple Inc. (NASDAQ:AAPL) will not see itself catching the Android operating system, given the huge variety of phones that run it compared to Apple who has never licensed its OS to other phone makers.

Apple was also the big winner in subscriber adds seeing a gain of 1.4 million from the month before while Android remained stagnant and more and more people abandoned BlackBerry Ltd (NASDAQ:BBRY) (TSE:BB).

 

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While studying economics, Brendan found himself comfortably falling down the rabbit hole of restaurant work, ultimately opening a consulting business and working as a private wine buyer. On a whim, he moved to China, and in his first week following a triumphant pub quiz victory, he found himself bleeding on the floor based on his arrogance. The same man who put him there offered him a job lecturing for the University of Wales in various sister universities throughout the Middle Kingdom. While primarily lecturing in descriptive and comparative statistics, Brendan simultaneously earned an Msc in Banking and International Finance from the University of Wales-Bangor. He's presently doing something he hates, respecting French people. Well, two, his wife and her mother in the lovely town of Antigua, Guatemala. <i>To contact Brendan or give him an exclusive, please contact him at [email protected]</i>
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