- Tools for Investors
- Stock News
- Investing Ideas
- Econ & Policy
- Personal Finance
Adoption of Google’s (NASDAQ:GOOG) Android platform is now growing six times faster than Apple’s (NASDAQ:AAPL) iOS when it comes to smartphones, KPCB partner Mary Meeker has said. Meeker, who publishes her famous Internet Trends report once a year, gave a preview of industry trends at an event in San Francisco on Monday.
The analyst added that in the first quarter of the year, shipments of Internet-enabled Android devices surpassed those of Microsoft (NASDAQ:MSFT) Windows Internet-enabled devices. At the time, Android was averaging shipments of 90 million units per quarter. By the end of 2013, Meeker expects that there will be 160 million Android devices globally, 100 million Windows devices, and 80 million iOS devices shipped per quarter. By the end of the second quarter next year, the global smartphone plus tablet install base will surpass the install base of the PC, Meeker added, according to TechCrunch.
Our 20-page proprietary analysis of Apple’s stock is ready. Click here and to get your Cheat Sheet report now!
The analyst also predicted that there will be 5 billion mobile phone users by the end of the year, of which 1 billion will be smartphone users. In May, Meeker had reported that there were 953 million smartphone subscriptions and 6.1 billion mobile phone subscriptions, though those numbers counted multiple subscriptions by the same person.
Apple may also be looking at changes in its internal product strategy as Meeker added that iPad adoption was growing five times faster than iPhone adoption, up from three times in her May report.
Don't miss one of the biggest bull markets in history! Covers Gold, Silver, Gold & Silver stocks, and miners.
There's always a bull market in some sector! Find the best opportunities in commodities.