iPhone to Leave Android in the Dust - Needham (AAPL) (GOOG)
Tweet Send to a Friend
Get Alerts GOOG Hot Sheet
Price: $873.32 -1.07%
Rating Summary:
40 Buy, 14 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 13
Rating Summary:
40 Buy, 14 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 13
Trade GOOG Now!
Needham & Company analyst Charlie Wolf, citing data from IDC, said the recent fall in market share for Google's (Nasdaq: GOOG) Android is just the beginning.
In a note to investors Tuesday, Wolf points out Apple's (Nasdaq: AAPL) iOS within the US mobile market gained 12.3 percentage points to 29.5 percent during the first quarter. Conversely, the analyst sees Android dropping from 52.4 to 49.5 percent, the first sequential loss for Android ever in any region of the world.
Wolf believes consumers will flock to the iPhone when Apple coordinates the launch on both the GSM and CDMA networks in the fall. The analyst speculates the iPhone might also launch on Sprint (NYSE: S) and T-Mobile networks (pending approval of AT&T's (NYSE: T) proposed T-Mobile acquisition, we assume).
Finally, Wolf suggests Apple is delaying the launch of iPhone 5 until the fall in order to avoid upsetting those who grabbed an iPhone when it was initially launched on Verizon in February.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
In a note to investors Tuesday, Wolf points out Apple's (Nasdaq: AAPL) iOS within the US mobile market gained 12.3 percentage points to 29.5 percent during the first quarter. Conversely, the analyst sees Android dropping from 52.4 to 49.5 percent, the first sequential loss for Android ever in any region of the world.
Wolf believes consumers will flock to the iPhone when Apple coordinates the launch on both the GSM and CDMA networks in the fall. The analyst speculates the iPhone might also launch on Sprint (NYSE: S) and T-Mobile networks (pending approval of AT&T's (NYSE: T) proposed T-Mobile acquisition, we assume).
Finally, Wolf suggests Apple is delaying the launch of iPhone 5 until the fall in order to avoid upsetting those who grabbed an iPhone when it was initially launched on Verizon in February.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- UPDATE: A.G. Lafley Gives Procter & Gamble (PG) Investors 'New Hope', UBS Upgrades to Buy
- Dollar Tree (DLTR) Beats But Looks Stretched - Jefferies
- Jefferies Bumps Zumiez (ZUMZ) Numbers Up, But Remains on Sidelines
Create E-mail Alert Related Categories
Analyst CommentsRelated Entities
Needham & CompanyComments
Apple to $400 Oct. 2011.
Hilarious. Yesterday everybody and his momma was lining up on CNBC to announce the end of the Apple. Seriously. These people suck.
Beltway Greg even longer today.
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
Death of iPhone 4 Eminent!
Krontology on Jun 21, 2011 02:07 PMMark as Spam | Reply to this comment
Greg? Don't tell me you're going to listen to this old dude? Charlie... is showing signs of senility with this same old hype he's repeated a 1000 times before. But like the vaporware White iPhone 4 that never got here for almost a year, it's all just filler for the A5 transition and redesign of A5 on TSMC's 40nm half node process. Not only is this difficult, but it's very costly. That's all if they can pull it off without any hitches. No word on test chips only rumors of a contract and that's scary. Not even any parts production ramping up. Only that Taiwan PCB suppliers are preparing for a 10% production downturn over this next yearly quarter. So don't count your ducks before they're hatched!!!