Friday, October 9, 2009

Competition for the iPhone

Recently, Google and Verizon Wireless have partnered together to launch a series of new phones. The new products will tout Google's coveted Android software platform. This could mean trouble for Apple in the near future. Although Apple currently has the 3G market cornered with their software partnered with AT&T's service, there are no real competitors out there with the software and capabilities of the iPhone. Android technology has already been released in T-Mobile's myTouch, but this service provider pales in comparison to that of Verizon. Verizon has a far larger network and this could mean far more people investing in Android technology. The new device, called Droid, will be able to download applications, similarly to the iPhone, and will come with several pre-programmed in. It is hard to predict whether or not it will have an impact on Apple sales. I do not think devout users of Apple products will necessarily drop the iPhone, but it may become harder for the company to attract new users with more choices out there. As it stands now, Apple and AT&T basically have the entire market cornered, but it will be interesting to see if the company can maintain this monopoly in the years to come with new technologies being released.

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