iOS and Android are the Only Two Mobile Operating Systems That Matter

Loading...
Loading...
Research firm IDC
released the results
of its study on the global smartphone market Thursday. IDC's data shows that the only two operating systems that really matter are Apple's
AAPL
iOS and Google's
GOOG
Android. According to IDC, the two combined for a colossal 91.1% of smartphones shipped in the fourth quarter. Coming in at a distant third was BlackBerry
BBRY
with about 7.4% of the market. Microsoft's
MSFT
Windows Phone was even less relevant, at about 2.6% of the market. Between the two market leaders, Android had over three times iOS's market share, at 70.1% and 21%, respectively. IDC goes on to call the smartphone market a “two horse race” with Android and iOS collectively representing over 50% of the smartphone market in the last two years. The results shouldn't be that surprising, but they do demonstrate the significant challenge faced by both BlackBerry and Microsoft in entering the smartphone market. Shares of BlackBerry initially gapped lower on Thursday after it was revealed that the company's former CEO and founder Jim Balsillie had sold off all of his remaining shares. Yet, shares traded back to unchanged early in the session. Perhaps investors concluded that Balsillie's opinion really wasn't all that valuable, given that he helped run the company into the ground. Shares of Apple traded near $468 on Thursday, while Google shares were around $784.
Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Posted In: NewsIntraday UpdateTechTrading IdeasGeneral
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...