Drawing from AT&T's (T) and Verizon's (VZ) reports for the September quarter, Morgan Keegan's Tavis McCourt sees what could be bad news for the makers of Android phones and good news for Apple (AAPL).
In a note to clients issued Monday, he writes (I quote):
After analyzing AT&T and Verizon results, we believe it is likely that smartphone sales may have declined in Q3:11 both sequentially and Y/Y for the first time ever in the US.
Obviously, a big part of this was the impact of the iPhone 4S being delayed until Q4, but there are also some ominous signs for Android vendors in these results given that there were a number of Android launches in the quarter at AT&T and Verizon, and yet Android sales likely declined sequentially and had only modest growth Y/Y.
