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.
Invest like Motley Fool employees
Opportunities to get wealthy from a single investment don't come around often, but they do exist, and our chief technology officer believes he's found one. In this free report, Jeremy Phillips shares the single company that he believes could transform not only your portfolio, but your entire life. To learn the identity of this stock for free and see why Jeremy is putting more than $100,000 of his own money into it, all you have to do is click here now.