RIM Gains Power In Global Handset Market

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By Douglas A. McIntyre Published
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The Research-in-Motion (NASDAQ: RIMM) BlackBerry has not been pulled down from its perch as one of the world leading cellphones by either the Apple (NASDAQ: AAPL) iPhone or Google- (NASDAQ: GOOG) powered smartphones. On the contrary, for the first time it is one of the top five selling handsets in the world.

The new IDC figures for the first quarter of 2010 shows that 295 million handsets where sold in the period. Nokia (NYSE: NOK) is still the market leader with 107 million units shipped, according to Reuters. Samsung sold 64 million and LG 27 million.  RIMM sold 10.6 million and dying handset manufacturer Sony Ericsson sold 10.4 million.  Sony Ericsson has begun to look like Motorola (NYSE: MOT) three yeas ago after its RAZR product lost momentum and the company nearly died. It appears that, for now, the Google (NASDAQ: AAPL) Android OS has saved Motorola by allowing it to launch its popular Droid.

RIM’s success will probably continue, even against the onslaught of Apple and Google. It has several things that they do not. Its manual keyboard, nothing like the touchscreen keyboard of the iPhone, is still popular with fast-typing business people. And, its proprietary server system is popular with IT managers who want to track Blackberry use and keep communications relatively encrypted. The iPhone and Android-based handsets rely on the “cloud” which is, by many accounts, a hacker’s dream.

Some analysts believe that the era of the BlackBerry is nearly over. On the contrary, it has features unmatched by its competition, and that will make it very hard to catch.

Douglas A. McIntyre

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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