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BlackBerry Ltd (BBRY) Has One More Rival to Worry About

blackberry ltd (BBRY) OS

BlackBerry Ltd ,  has tougher challenges to face with one more rival to worry about in the smart phone market. The number of Cyanogen users has surpassed that of BlackBerry and Windows combined. The numbers were confirmed by Cyanogen’s Adnan Begovic, who recently spoke at the Seattle Code Rush.

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Cyanogen a threat for Android

Android is the most popular mobile operating system in the world, and Cyanogen is the most popular Android ROM. Both Cyanogen and CyanogenMod are the modified versions of Android, and do not have their own platforms. This fact makes the accomplishment even bigger though having 50 million users is a big deal in itself.

“More users than Windows Mobile and Blackberry combined,” Begovic said in a post on Instagram.

Research firm IDC recently revealed that the market share of the Windows Phone is 2.7% worldwide while BlackBerry is on a continuous decline and has a market share of 0.3% in Q1 of 2015.

Based on the Cyanogen’s number and IDC stats, Cyanogen’s holds slightly more than 3% of the world’s total smartphone market. This is something very surprising, and their numbers are not expected to fall in the near future as their success keeps building.

Cyanogen has good and reliable sources of funding, and the talent hired by the firm is also of a high standard. The firm is putting in great efforts to get their tailored Android experience reach out to the maximum number of people for which they are looking for new distribution partners.

Their next big effort is partnering with the big Chinese vendors as the OnePlus deal comes to an end. Cyanogen’s success at getting a few big Asian companies on its side can prove fatal to Google.

BlackBerry rising in the UK

Though this might not be a good news for Blackberry , which now has one more rival to worry about, the Canadian firm saw a small but noticeable rise in the UK smartphone market. BlackBerry’s market share in the Q2 was noted at 1.2%, up marginally from 1.1% in the Q2 of 2014, noted Kantar Worldpanel ComTech.

For Apple, the market share was 34.1%, up from 28.5% last year, but a decline from 38% in the Q1. Google’s Android market share was down to 53.2% from 60.6% in Q2 of 2014. Microsoft Windows performed well with a market share of 11.3% versus 9.6% last year, Kantar found.

BlackBerry’s stock is down over 30% year to date, and in the last one year the stock is down almost 20%.

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Aman is MBA (Finance) with an experience on both marketing and Finance side. He has work as a Risk Analyst for AIR Worldwide, and is currently leading VeRa FinServ, a Financial Research firm. Favorite pastimes include watching science fiction movies, playing PC games and cricket.

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