As per the latest reports from
) MobiLens and Mobile Metrix,
) continued to retain its position as the top original equipment
maker (OEM) in the U.S. for the quarter ended Jan, 2014.
APPLE INC (AAPL): Free Stock Analysis Report
BLACKBERRY LTD (BBRY): Free Stock Analysis
GOOGLE INC-CL A (GOOG): Free Stock Analysis
COMSCORE INC (SCOR): Free Stock Analysis
To read this article on Zacks.com click here.
The report stated that Apple occupied 41.6% share of the OEM
market followed by Samsung and LG with 26.7% and 6.9% share
respectively. Apart from maintaining its leading position in the
OEM market, Apple also managed to report a slight market share
gain of 1.0% on a sequential basis.
According to the report,
) Android mobile operating system retained its leading position
in the U.S. smartphone platform market while Apple's iOS happened
to be the only platform to gain share in the quarter ended Jan,
2014. This share gain came at the expense of Android and
Comscore's report also declared that the U.S. smartphone market
grew to 159.8 million subscribers in the last quarter, thus,
recording a 7% rise sequentially.
According to data compiled by market research firm Euromonitor
International, Apple is continuously increasing its share of the
specialty electronics retail market in the U.S. as more
established competitors such as RadioShack and Best Buy continue
to report declines.
Apple's share of the U.S. specialty electronics retail market has
grown from a meagre 3.8% in 2007 to 15% in 2013. Ironically, both
RadioShack and Best Buy are trying to beef up their retail store
sales by offering Apple's most selling products.
Apple's loyal customer base, international expansion and a solid
cash position are expected to aid long-term growth. However,
increasing competition from the likes of Google and Microsoft in
most of its major product segments, higher operating expenses and
increasing legal complexities are headwinds.
Currently, Apple has a Zacks Rank # 3 (Hold).