We're living in an Android world.
A new comScore report this week shows Google's
By making its platform freely available, Google has seen handset makers and wireless carriers flock to the glitzy, Web-savvy operating system, which now commands 38.1% of the market. Apple's iPhone is getting smaller in Android's rearview mirror at 26.6%. Both formats have gained ground in the three months ending in May, according to comScore, but Google is gobbling up market share faster.
This isn't necessarily a bad thing, but Apple isn't doing itself any favors by missing its historical June-July release window for its latest iPhone.
Briefly in the news
And now let's take a quick look at some of the other stories that shaped our week.
took a hit after lowering its second-quarter guidance. One would think that a genetic-analysis specialist should have seen this coming sooner, no? (Nasdaq: AFFX)
- Encouraged by the box-office success of Rango earlier this year, Viacom's
Paramount is launching its own in-house animation unit. It's targeting 2014 for its first release. (NYSE: VIA)
, the lifestyle company that was previously known as The Knot, is joining forces with China's SINA (NYSE: XOXO) to launch a weddings channel on SINA's popular online portal. That's an awfully long way to go to kiss the bride. (Nasdaq: SINA)
- Canaccord Genuity initiated coverage of InterMune
with a "buy" rating based on the early clinical success and eventual blockbuster potential of InterMune's treatments. There's nothing like a strong pipeline to keep a biotech stock flowing higher. (Nasdaq: ITMN)
Until next week, I remain,
The Motley Fool owns shares of Apple and Google. Motley Fool newsletter services have recommended buying shares of Apple, SINA, and Google, as well as creating a bull call spread position on Apple. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.
Longtime Fool contributor Rick Munarriz recommends windshield wiper fluid when trying to look back. He owns no shares in any of the stocks in this story and is also part of the Rule Breakers newsletter research team, seeking out tomorrow's ultimate growth stocks a day early. The Motley Fool has a disclosure policy.
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