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Android Outsells Apple iPhone At Last, Says NPD

Whether you root for Google or Apple, it's a heck of a horse race as Android beat the iPhone in first quarter U.S. sales, according to the NPD Group.
Android sales accounted for 28 percent of smartphone sales last quarter, NPD reports. That puts Android ahead of the iPhone's 21 percent, and within striking distance of Research in Motion's BlackBerry, which took 36 percent.It's worth noting that while Android had a great quarter, it still lags behind RIM, Apple and even Windows Mobile for total market share, according to recent statistics from ComScore. Google's operating system had 9 percent of the market as of Fbruary 2010, compared with the iPhone's 25.4 percent, so Android won't catch up for a while, if at all.Still, as my colleague JR Raphael noted when ComScore reported its numbers, Android's growth is striking. Not only did Android outsell the iPhone, but it's the only smartphone OS whose unit share grew since the previous quarter. The iPhone, meanwhile, is flat, while Windows Mobile, BlackBerry and WebOS quarterly sales share is in decline. If this trend continues, Android will catch up to its competitors for total market share in a hurry.But hold on, Android fanboys, before you claim a victory in the name of open source and open systems. Understand that Android's growth probably has more to do with aggressive sales and marketing by Verizon Wireless. The carrier expanded its two-for-one promotion last quarter to include all smartphones, and increasingly, that means Android phones.
NPD analyst Ross Rubin said in statement that this kind of carrier promotion is always a crucial factor in smartphone sales. Add the availability of Android phones on T-Mobile, Sprint and AT&T, and you've got an easy recipe for more sales than a single phone (iPhone) on a single carrier (AT&T).
With Verizon's new Droid Incredible selling out in its debut week, and Sprint's upcoming HTC EVO 4G gathering buzz as the next phone to beat, Android still has plenty of momentum. NPD's findings are just a milestone along Android's ascent.we are the leader in our life
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Bailout, Indeed: Dow Up 404

Stocks posted their biggest one-day gain in more than a year, boosted by the bailout package to stem Europe's credit crisis.
The Dow Jones Industrial Average jumped 404.71 points, or 3.9%, to 10785.14, helped by gains in all 30 of its components. The average had its biggest one-day gain in both point and percentage terms since March 23, 2009.
The Standard & Poor's 500-stock index rose 4.4% to 1159.73, led by its financial and consumer-discretionary sectors, up more than 5% each. All the broad measure's other indexes posted gains as well.
Journal Community
The jump in U.S. stocks followed rallies in the Asian and European markets after the European Union agreed to a €750 billion ($954.83 billion) bailout, including €440 billion of loans from euro-zone governments., €60 billion from a European Union emergency fund and €250 billion from the International Monetary Fund.
In further coordinated efforts to assuage spooked markets, the European Central Bank will go into the secondary market to buy euro-zone national bonds—a step last week that its president, Jean-Claude Trichet, said the central bank didn't even contemplate. Meanwhile, the Federal Reserve, working with other central banks, re-activated swap lines so foreign institutions can get access to loans.
"This bailout plan really avoided the worst-case scenario—it avoided contagion and the domino effect," said Cort Gwon, director of trading strategies of FBN Securities. The package also shifts investors' attention back to the U.S., where most economic yardsticks have been improving lately, he noted.
Stocks soar on "Euro-phoria." WSJ's Emma Moody and Randall Forsyth join the News Hub to discuss. WSJ's David Wessel also joins the set and asks whether Europe's bailout will be enough. Plus, Fannie Mae is asking for an additional $8.4 billion in government aid and President Barack Obama wants to tinker with America's small change.Optimism that global growth is back on track sent industrials rising. Cummins, which makes diesel engines and auto parts, soared 10.4%. Building-products maker Masco jumped 10.8%. United Technologies rose 5.2%.The Nasdaq Composite jumped 109.03 points, its first triple-digit point gain since October 2008. It closed at 2374.67, up 4.8%.Trading volume was higher than the 2010 daily average, though below the frenzied pace of the previous two days, which included an unprecedented "flash crash" and traders' scramble to square their books after certain trades were canceled. On Monday, composite New York Stock Exchange volume hit 7.1 billion shares, below last week's peak near 11 billion.
U.S.-listed shares of European banks surged in reaction to the European Union's bailout plan. Among them, Spain's Banco Santander jumped 23%, Allied Irish Banks PLC climbed 18.8%, Bank of Ireland advanced 16.1% and Barclays PLC rose 17.9%.
Dean Foods tumbled 28.4%. The U.S. dairy processor and distributor's first-quarter earnings profit fell 43%.
Regulators and exchange officials met in Washington on Monday to further discuss what caused last week's 1,000-point intraday plunge and what rule changes might prevent such incidents.
The exchanges also took precautions Monday to make sure the market operated smoothly after futures surged earlier in the morning. Before the market opened, the NYSE invoked a rarely-used rule allowing designated market-makers to not show prices before the bell, making it easier and faster to open stocks.
Journal Community
“ Great solution! Solve a debt problem with more debt. Makes me want to invest, . . . Not! ”
—Richard Jay Veenis
Acting together, the exchanges also agreed to double the usual threshold levels for labeling a major swing in a stock's price an erroneous trade between 9:30 and 10 a.m.
The U.S. dollar fell against the euro and the U.S. Dollar Index, which tracks the U.S. currency against a basket of six others, slipped 0.3%. Treasury prices also declined, pushing up the 10-year note's yield to 3.543%. Crude-oil futures snapped a four-day losing streak, rising $1.69 to $76.80 a barrelMake yourself heard
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