iPhone Applications are VCs Favorite! What about Android?

Posted by Abbas ||

June 13, 2008 ||

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Android iPhone I read about the 100 million dollar fund(iFund) for iPhone applications companies, Gene Munster’s predictions of $1.2 billion business in 2009 for iPhone, Facebook application developers turning into iPhone developers, etc.. What does this tell you? The only thing I understand from this eager-to-invest situation is that, that there is a lot of money which needs to be invested (& lost).

Apple has created an unbelievable buzz around iPhone and continues to sustain it with the latest release. It’s also trying to reach to the masses by reducing the price and make more money from the services offered for iPhone. Also, we will soon start to see the accessories echo system built around iPhone just as we saw in the case of iPods. But what about Android? don’t you think Google will put its best foot forward with Android?

Google took a smarter root to capture the mobile market, it very clearly understood that its not necessary to sell your own hardware to capture the mobile market but the software is more important. Android was the result of this smart thinking and companies like Nokia, Samsung and other major mobile brands got onboard quickly.

So, when Apple sells one iPhone there can be 5 other companies trying to sell their phones with Android loaded on it.

Eventually Android will take the lead because of the support it will get from the open source and mobile companies and also because I wouldn’t want to buy a phone (iPhone) which millions of people already have it but with Android its possible to have a Phone which is not common and still have Android on it.