CIO Symmetry

Aug 9 2011   5:13PM GMT

Is iPhone 5 ready to overpower competitors for business users?

Lmartinek Lisa Martinek Profile: Lmartinek

I was with some friends last week when we landed on the topic of phones. The conversation began when one person said she was planning to buy a new phone within the next couple of weeks, but it wasn’t long before her brother interjected. He began adamantly telling her she should wait for the iPhone 5 and described why waiting a few months would be a better decision than buying a new phone now.

This conversation illustrates what more and more people are realizing — the iPhone is the best way to go. Recent studies show that 35% of consumers plan on buying the iPhone 5. If that isn’t enough to put fear into iPhone competitors, then maybe this will: Only 47% of Android users will buy another Android, with 42% switching to an iPhone; BlackBerry is speculated to lose 67% of users to the iPhone. Meanwhile, Apple has a 94% retention rate.

People are waiting and ready to switch to the iPhone 5, and some iPhone competitors may be showing their fear. Over in the U.K., Vodafone has dropped HTC’s Evo 3D from release. Although no official comment was made, it is widely speculated that they fear facing the iPhone 5. It makes you wonder what other companies are really thinking.

And all of this is occurring without an official release date. You can find plenty of speculations online, though — the most widely accepted being a September or October release date. Regardless, when the next iPhone does release, it will undoubtedly outsell any other brand with consumers. But what about businesses that have yet to dive in? Apple has been making strides to improve the iPhone in the business realm. When a newer model is released, people will be willing to accept the idea that the iPhone is ready for business use. And with the expected features in the iPhone 5, like improved security and the already large collection of business apps, you have to ask: How long before Apple dominates it competitors not only with consumers, but also with businesses?

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