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damndl0ser said:

It will probably be moderately successful but I wouldn't think it will take much if any market share away from the Iphone.  Android is doing very well but not many people purchase android apps from the app store.

You're right, it won't take market share away from Apple, but Apple's smartphone market share isn't that big anyway:

  • Symbian = 41,2%
  • RIM-OS = 18,2%
  • Android = 17,2%
  • iOS (Apple) = 14,2%
  • Windows Mobile = 5%

(2Q 2010 smartphone market shares)

With it's rapid growth ( 800% in one year!), Android won't be giving market share away as well. Symbian and RIM-OS are the ones that will lose, especially Symbian.