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"Apple (NASDAQ: AAPL) and Research in Motion (NASDAQ: RIMM) are taking the smartphone market by storm," says Toby Smith in his ChangeWave Investing.

"AAPL and RIMM are both pushing all of the other manufactures to the sidelines. It's clear that RIMM's BlackBerry is the dominating force in the corporate smartphone market, but the Apple iPhone has shaken things up quite a bit on the consumer side.

"The combination of the new Apple model flying off the shelves, and rumors of a postponement for one of RIMM's new releases, has raised questions among some analysts as to RIMM's ability to fight back.

"Research in Motion may be planning to release several new smartphones this year, including the KickStart, the Thunder and the already announced Bold.

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AAPL and RIMM: Smart buys for smart phones? originally appeared on BloggingStocks on Mon, 18 Aug 2008 12:12:00 EST. Please see our terms for use of feeds.

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