What’s Good for Apple Is Better for Everyone Else

Monday, June 9th, 2008

What's Good for Apple Is Better for Everyone Else:

Sales show that what’s been good for Apple has been verrrry good for smartphone makers. Retail sales of the BlackBerry, for example, are up 38 percent in the year since the iPhone’s introduction.

It didn’t initially look that way. When the iPhone 2 rumors first surfaced, nervous investors sold off shares of RIM under the assumption that the company would get creamed by Apple. Instead, RIM’s market share of smartphones in the United States has actually swelled from 35 percent in the fourth quarter of 2007 to 45 percent in the first quarter of 2008.

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