Android Takes Lead in Smartphone Market Share

 |  Includes: AAPL, BBRY, GOOG, MSFT, XLK
by: Hedge Fund Live

In a recent study by NPD, the research group said that Google’s (NASDAQ:GOOG) software was installed on 44 percent of mobile handsets sold in Q3, up 11 points since Q2. While that data may rile up Apple (NASDAQ:AAPL) fans, Android’s gain seems to be primarily fueled by BlackBerry’s loss: Research in Motion (RIMM) lost six points in the last quarter, falling to 22 percent, while Apple’s iOS moved up one point, to 23 percent.

The year-over-year data shows a more dramatic drop in BlackBerry’s market share.

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