BlackBerry trade-ins on the rise
Apple's new iPhone 4S may have some owners of RIM's phone ready to jump ship, one company says.
Gadget recycling service Gazelle says the number of BlackBerry users looking to ditch their phones has spiked 80% since last week, Cnet reports.
Apple's (AAPL) new phone contributed to the sudden urge to purge. But the recent outage of the BlackBerry email and messaging systems probably didn't help either.
This is "easily the highest volume of BlackBerry trades ever seen, period," an executive at Gazelle told Cnet. He thinks the high volume is entirely due to the new iPhone 4S. Android trade-ins rose 72% in the same period, he added.
In the following video, one analyst thinks Apple could grab a bigger share of the smartphone market by year's end.
Post continues below.
Apple sold at least 4 million iPhone 4S units in the first weekend after it debuted on Oct. 14. That's more than twice what Apple sold in the initial launch period for the iPhone 4. The new phone launched in North America, Australia, Japan and parts of Europe, and Apple is expanding it to 22 more countries later this month.
Meanwhile, the headaches mount for BlackBerry maker Research In Motion (RIMM). The company is facing a proposed class-action lawsuit for the recent outage that spanned several parts of the globe. Additionally, RIM has delayed a software update for its struggling PlayBook tablet computer until February.
I have the Blackberry Torch and I hate it. This is my second Blackberry that I've had in the past 4 years. My phone constantly freezes which has become a major pain. I've had to the take the phone back and swap it out a few times. It still does the same thing. Want to swap but not sure what I want to go to.
Android phones offer more variety. I love the look of the Razr and Galaxy Nexus.
If iPhone users like the way it operates good for them. They must also like one brand of car, one chain grocery store to buy food, one type of job, one type of clothing. Namely blue jeans and black turtle neck.
The BB Bold 9900 is the best for me. It plays games, music, videos, takes pictures. Has voice activated options. I can use their push email, use a service called BBM and many other stuff. It has a touch screen
Kinda like an iPhone. Apple is about marketing. They can probably market a patch of grass and people will flock to it.
I have a BB Tour and now after two years I am considering something else.
My BB has now lost its ringer for some reason.
It may be the last straw.
Droid is looking good,or may be one of those kids phones the IP 4s ?
I will take a hard look at my choices this week.
The iphone is overrated. I did own one and returned it for my BB Torch. I love the Torch. The bells and whistles of an iphone are for others, can't say I use them personally, esp the games. And typing on the touchscreen is a real pain, did not want to go through the learning curve for that when I have the best of both worlds with the Torch, a touchscreen and a physical keyboard! Apple gets a 10 for marketing, RIM does need to keep up with the world with their phones but their operating system is very good!
Copyright © 2014 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
Shares of Plug Power took a beating Tuesday after an analyst listed the fair value of the stock at 50 cents.
VIDEO ON MSN MONEY
Top Stocks provides analysis about the most noteworthy stocks in the market each day, combining some of the best content from around the MSN Money site and the rest of the Web.
Contributors include professional investors and journalists affiliated with MSN Money.
Follow us on Twitter @topstocksmsn.