Apple’s iPhone still best-selling smartphone in U.S., Android catching up, analyst says

In a note to investors Wednesday morning, Morgan Keegan analyst Tavis McCourt said Apple’s iPhone is still the best-selling smartphone in the U.S. despite being almost a year old. The analyst says he recently spoke with 50 U.S. retailers about smartphones, and he has concluded that Apple’s iPhone still sits at the top of the pile in terms of sales. McCourt does note, however, that Android phones are quickly gaining ground. He says collective sales of Android phones at Verizon Wireless are “on par” with iPhone sales, though he thought the iPhone’s lack of 4G LTE compatibility would have caused it to fall behind Android phones. “We had assumed that Verizon’s 4G launches would slow down iPhone demand, but that was not evident in the stores we spoke with,” McCourt wrote. “Overall, we believe iPhone momentum remains strong at Verizon.” The analyst also states that iPhone is still the No. 1 smartphone at AT&T, though sales of Android devices are “quickly catching up.”

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