People love iPhones. Even a casual observer of the smartphone market recognizes Apple's dominance of the market. And despite threats from competitors, that love shows no signs of abating, according to the latest data. According to CNNMoney, Apple stands to double its market share as people make their next cell phone purchases. The 29 percent of those surveyed by Gene Munster at investment bank Piper Jaffray said they currently own iPhones, slightly edging out the businessman's BlackBerry (28 percent) and versatile Android (17 percent). What's remarkable though is that 64 percent said that the next phone they will purchase will be the iPhone.
At first glance, the numbers don't seem too worrisome for Android. The Google-powered smartphone keeps its 17 percent slice of the market in the next round of consumer purchases, with Apple's growth seemingly coming from those using BlackBerrys and other smartphones converting to the iPhone. And while it's true that the iPhone's growth is hurting the BlackBerry's market share more than Android's, current Android users are not signaling much confidence in the phones they've brought, according to Munster's data. 47 percent of Android users say they will buy other Android the next time they are shopping for a phone. The retention rate for the iPhone is 94 percent.