Wall Street's Case of the Mondays

Wall Street’s Case of the Mondays

WARNING: iPhone Sales Ranking in Mirror May Be Smaller Than It Appears

Get this: Apple’s iPhone 3G is now the second best-selling mobile handset in the U.S. According to NPD Group, the device outsold the BlackBerry Curve, BlackBerry Pearl and Palm Centro between June and August to claim about 17 percent of the U.S. smartphone market. Moreover, about 30 percent of stateside customers who purchased an iPhone 3G during that period switched mobile carriers to do so.

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Handset Market Grows 15 Percent in Q1; NOK Market Share 41.1-Percent

The global mobile handset market grew 15 percent in the second quarter to 297 million units, according to research firm Strategy Analytics. Nokia (NOK) continued to dominate the market, with a 41.1-percent share, up from 40.9 percent in the first quarter, shipping 122 million phones.