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In a time that seems somewhat owned by Apple’s iPhone, it is hard to remember that there are other competitors out there, especially when you consider Nokia (NOK) is actually the world’s number one cell phone maker.
That being said, the next product in line to try and take on the iPhone, seems to be the Android-based smartphone, Droid, by Motorola (MOT). Its scheduled to launch October 30, 2009.
Being an iPhone user myself, I have to admit that I didn’t know too much about the phone itself, so here are a couple facts I dug up…
The phone is about same size as iPhone, but an ounce heavier. You can easily sync the Droid with Google’s online services. Take pictures with 5-megapixel autofocus camera, with 4x digital zoom, and dual-LED flash. Up to 6.5 hours of talk time and 270 hours of standby. The iPhone 3GS promises up to five hours on 3G and 300 hours standby. Get 6GB microSD card bundled.
While stats are great, you can never really get a true understanding of how good something is until it actually comes out, although there are a bunch of promising features.
While there are multiple ways to play the Droid, the two main methods that are talked about are through Motorola and Verizon (VZ).
While Verizon is considered the number one wireless carrier, the fact that AT&T (T) has only gone down, since the launch of the iPhone, leads me to believe that you might not be able to put a lot of value into the launch of this phone on Verizon.
On the other hand, when it comes to Motorola, there are a lot of things moving in the favor of this stock… especially the chart.
As you can see from above, over the last year Motorola has been on a pretty constant uptrend. Keeping it simple, a break below the support (bottom blue line) which runs along the 50 day moving average, is a bearish signal, while any push higher is a bullish.
In the end, any major boost from Droid will most likely come around the holiday season and into the 1st quarter of 2010. I could see this stock reaching around $11 and possibly even higher.