Research from ChangeWave shows that Research In Motion (NASDAQ: RIMM)'s BlackBerry still holds the lead in the smartphone business, but Apple (NASDAQ: AAPL) is marking important inroads. Palm (NASDAQ: PALM) continues to be in a bad spot.
The data is from a check of almost 4,000 consumers interviewed from March 17 to March 24. According to the research, the RIM BlackBerry maintains its huge lead among consumers with 42% of the market while second place Palm continues a two-year decline in its share and now holds 16% . This was the seventh-consecutive ChangeWave survey in which Palm's market share has dropped.
Apple's market share is now up to 9%, extraordinary given the short time the iPhone has been in the market.
In terms of people being "very satisfied" with their handsets, the poll shows Apple with a rating of 79%. RIMM comes in at 54% and Palm at 22%. Of those planning to buy a smartphone in the next 90 days, 35% plan to buy the Apple product.
Research In Motion appears to be holding its own in what is a fast-growing market for smartphones. The iPhone continues to be a once-in-generation product. Palm is toast.
Douglas A. McIntyre is an editor at 247wallst.com.
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Reader Comments (Page 1 of 1)
4-13-2008 @ 8:53AM
Zach Bass said...
Many believe Apple will never be able topple RIM because it would be too expensive to replace the infrastructure investment already made, to accommodate the iPhone. It seems the survey on the Investor in the Wilderness blog would indicate otherwise.
Go to the blog and register your vote. When the voting is over, I'll write up my analysis of the vote and challenges facing RIM and Apple and what it might mean to you, the investor.
http://zachbass.blogspot.com
Results so far:
By End of 2008: 21 (24%)
2nd Quarter 2009: 24 (27%)
By End of 2009: 30 (34%)
Much Longer if Ever: 11 (12%)
Thanks for your input,
-zach bass