morgan stanley upgrades AAPL

apple, iphone | Friday, May 29th, 2009

…the mobile Internet (using cell phones to get online) market is poised to explode with a potential 4 billion cell phone users moving to smart phones.

“We believe Apple is emerging as the clear leader in the battle over the mobile Internet,” she wrote in her research note. “Smart phones are taking increasing share from traditional handsets and Apple’s iPhone currently leads market share of the mobile Internet.”

iPhone’s share of the mobile Internet market has gone from 5 percent to the current 38 percent in one year.

link: Analysts like Apple’s lead role in mobile Internet battle – Pacific Business News (Honolulu):


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