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"There's been a lot of noise recently about how Android is outselling the iPhone, but it's nothing more than a meaningless distraction from reality."
Blodget writes that Apple investors should be "scared to death" by Android's recent 7-point gain in U.S. market share over the past three months.
Android OS holds 33% of the U.S. market while RIM OS holds 29% and Apple iOS only 25%.
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