The iPhone exploded into popularity after release, and considering of that, by the moment 2007 closed out, the iPhone had nearly 30% market share in the U.S. Put another way, that would mean one in three smart phone users had an iPhone. In Q1 of that year however, it was discovered that the iPhone’s market share had fallen relatively sharply, to 20%.

This is no doubt due in part to the severe iPhone shortage that is going on the whole world by as of now. While falling from 27% to 20% may not sound like much, it is a decrease from one in three, to one in five smart phone

owners with an iPhone. That is a significant decrease, and it is something to be considered. However, no one, including are worried about that. Nor should they be, and we all of course no why.

That is considering the 3G iPhone is right around the corner. WWDC is in six days, and that is when the new iPhone is rumored to hit the streets. With the influx of new iPhones that will hit the market, and with all the new features, will the iPhone’s market share go back up? You bet, and it will likely grow a lot higher than what it is now.

[Via The iPhone Blog]