As you may have read in one of my earlier blogs, you would have seen that there is going to be some upcoming competition for the iPhone; the google G1. It is known yet how this new phone will face up to the mega seller, the iPhone.
As I read recently on msnbc.com, I saw that last month, the iPhone had overtaken blackberry in sales; a tremendous feat to do. Over the last three months Apple's stocks have increased tremendously for the major fact of the iPhone. Profits reached $1.1 billion dollars, or $1.26 per share and even increased sales by 27 percent, or $7.9 billion dollars.
Even though they have increased sales quite a bit, they actually missed Wall Street's expectations for sales; $8 billion dollars with $1.11 dollars per share. It seems that this phone is unstoppable, but we can't be quite sure what Google's phone will do to the market.
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