Microsoft Corporation (MSFT): This Company is Gaining Smartphone Market Share

A report from Net Applications, published last Wednesday, revealed that mobile Internet traffic generated by Microsoft’s Internet Explorer is already more than double the traffic from BlackBerry’s browser. Microsoft Corporation (NASDAQ:MSFT) claimed 1.99% market share while BlackBerry’s share dipped to just 0.91%. Perhaps much of BlackBerry’s installed base of smartphones is sitting around unused.

Microsoft should claim third place
Apple’s iOS and Google’s Android still dominate the smartphone market, but Microsoft is on pace to officially claim the third spot. Recent reports of Lumia success in China — one of the world’s fastest-growing smartphone markets — indicate that Microsoft has an even better chance of attaining meaningful market share.

Is it time to bet big on Microsoft in the smartphone market? Probably not. But Microsoft is poised to potentially pull off a surprise. For now, investors should view Microsoft Corporation (NASDAQ:MSFT)’s small success in smartphones as a possible upside bonus, though its continued ascent far from certain, given Apple and Google’s dominance.

The article Microsoft’s Gaining Smartphone Market Share originally appeared on Fool.com.

Fool contributor Daniel Sparks has no position in any stocks mentioned. The Motley Fool recommends Apple and Google. The Motley Fool owns shares of Apple, Google, and Microsoft.

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