Worldwide smartphone sales soared 96% in the last year, with the iPhone and Google Android-based handsets both leapfrogging BlackBerry in the popularity stakes, according to Gartner.
Market share figures are to some degree irrelevant and misleading. The smartphone market is massive and growing. The headlines from Gartner encourage speculators to short RIM stock. However, when you look at the underlying figures, RIM increased the number
of handsets sold by 40%. A truly remarkable figure by any measure. Apple are doing well as well ? Good for them. As for Android, yes lots of handsets are being sold with the new OS, but the spoils are shared by a large number of manufacturers. RIM appears
to be a hugely undervalued business with a true niche and little competition in the area of secure corporate email over a dedicated global server infrastructure.
© Finextra Research 2014