BlackBerry's U.S. Market Share Is Zero; Apple's Market Share Grows

Consumer Intelligence Research Partners recently released results paints a stark picture for BlackBerry in the consumer markets. Apple's results point toward a good quarter

Feb 3, 2014 at 2:30PM

Consumer Intelligence Research Partners' recently released mobile phone results point a stark picture for BlackBerry's (NASDAQ:BBRY) market share in the U.S. In short, the results point toward zero market share. Of course, BlackBerry sold phones in this quarter, but not enough to register on this particular study.

However, it hasn't been all bad for the former tech darling. BlackBerry shares are up nearly 40% since John Chen took over the helm, mostly on the back of Chen's vision and U.S. Defense Information System's approval to be used by the Department of Defense -- and up nearly 20% year to date. BlackBerry also stated that they are not giving up on the consumer market yet, but is the handset business essentially worthless?

There were winners in this report, however, and Apple (NASDAQ:AAPL) appears to be the clear winner. The release of the iPhone 5s and 5c vaulted iOS above Google's Android OS. Apple can't rest on its laurels with Samsung rumored to be working on the next iteration of their wildly successful flagship phone line, the Galaxy S5

In this video, Jamal Carnette talks smartphone market share with Evan Niu, CFA.

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Evan Niu, CFA owns shares of Apple. Jamal Carnette owns shares of Apple. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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