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Verizon iPhone: Positive For Investors

The launch of a Verizon iPhone will undoubtedly be great news for U.S. end users, however it seems that it will be even better news for investors if they have shares in Apple.

According to Canalys figures Apple had 23.8% of the U.S. smartphone market in the first three quarters of 2010, analysts suggest that a Verizon iPhone release could easily increase Apple U.S. smartphone share to 35%.

If Apple have a 35% share of the U.S. market in 2011 it equates to roughly 30 million sales, this is 144% higher than Apple’s projection for 2010 sales, which may put some pressure on Android’s huge growth.

In 2009 the iPhone’s share of the French smartphone market trebled when it became available from three carriers rather than just one, also the U.K. market has shown a similar pattern.

Investors who strongly believe that a Verizon iPhone is coming in 2011 should seriously consider buying shares soon, as the growth of sales could be absolutely huge.

Source: WSJ

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Written by Jamie Pert

Jamie has a background in computer repairs and maintenance along with network administration, he now enjoys utilizing the benefits of new technologies and enjoys writing about anything that brings new technology to the world.

He began writing for Product Reviews in mid 2009 and has since expanded his knowledge across a wide-base of devices, he is looking to get more hands-on experience with new devices to gain a better understanding of the latest and greatest technologies.


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