Earlier this week, Morgan Keegan analyst Travis McCourt had some kind words about the iPhone 3G. In a note to investors, he talked about how one of the enablers of the iPhone’s sales is that it is stealing market share from smartphones.
He noted the ever increasing sales numbers of the new iPhone has put many other top-ranked smartphones on the back burner, and really put a dent in their sales. For example, before the iPhone, the BlackBerry Curve was the top selling smartphone, based on AT&T’s offerings. Now, the iPhone 3G has taken over its rightful place as the top dog, and, despite recent price cuts on the Curve, it doesn’t seem to be going anywhere.
McCourt also made the point that since the introduction of the original iPhone, sales of other devices have continually slowed.
Via Yahoo Business