Why I Wished I Hadn’t Switched to Android: Google Inc (GOOG), Apple Inc. (AAPL)

That’s almost 2 out of every 10 iPhones being sold to Android users!

Android currently has the lead of worldwide smartphone market share at 72% compared to Apple’s market share of 14%. Remember, this is worldwide, and since most people overseas (mainly China and India) can’t really afford iPhones, Android’s lead makes sense (because it has cheaper models).

When combining those two data points, Android could still sell a record amount of smartphones, but Apple is selling more and more iPhones to previous Android users.

The Bottom Line:

Google Inc (NASDAQ:GOOG) and Apple are the main players in the smartphone industry. Blackberry could be considered third with its 5% market share and possible growth resulting from the Z10 and Q10 phones. The fact of the matter is that people are initially buying Android phones, but are not repurchasing Android phones. With 50% of mobile users now using smartphones, the growth of the iPhone is exponential, whereas Android growth will be more bell-shaped. Blackberry could go anywhere, as we’re going to have to wait for the sales figures to be released when the Z10 is released in March. Thanks for reading.

The article Why I Wished I Hadn’t Switched to Android originally appeared on Fool.com and is written by Alec Eiber.

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