Excuse my partly misleading title here, "An Android iPhone?", but it was essential for this post. In my mind the distinction between the iPhone and all the Android phones is very clear. The iPhone is a walled garden that has some precise benefits and pressing downsides and opposite is true with the Android phones.
With the iPhone, you get an almost no-nonsense smartphone experience, where you don't need to worry yourself with things like malicious or crappy Apps (unless you jailbreak your iPhone) or things like using an outdated version of the Operating System or whom to approach/blame for your phone issues (you just head over to the nearest Apple store), etc.
All this of course comes at the cost of flexibility which is where the Android phones excel. Not only does the Android operating system gives you all sorts of knobs to customize your smartphone, but there is also a wide variety of hardware and the companies that make that hardware options available to choose from. You can get an Android smartphone from any manufacturer you want and you can choose a phone that is heavy but gives you crazy batter life or a phone that is extremely rugged but looks ugly, etc. But of course all this comes at a certain cost. OS updates are not certain and there are a lot of malicious apps and vulnerabilities that target older version running Android smartphones. The user experience is not consistent amongst all Android phones and when it comes to customer service no company comes close to Apple and you might get stuck in a space where you might not know whom to approach when you Android phone malfunctions.
If you draw a parallel to the above situation with the Mac and Windows computer comparison, you are not alone and the situation is analogous but with certain differences. The Mac never reached the marketshare that the iPhone has achieved (a billion iPhones have been sold till date by the way) and hence a lot of arguments that were made against the Mac do not hold true here. Like for example though Mac users always touted the lack of need for installing anti-virus software the Windows users always countered this with the argument that number of Mac users globally were so tiny that the virus creators did not find it lucrative enough to target the Macs. Though this is not the complete story as Macs were also running operating systems that were much better constructed than Windows and this was also a reason for their immunity toward viruses. The fact remains that even toady the Windows market share is significantly higher than the Macs. But however though the iPhone's marketshare is lower than that Android phones marketshare, the difference between their numbers is not that much.
In the end its a very favorable smartphone market for the customers as they can clearly choose from these two seemingly polar opposite choices. However this video from CNET made me laugh as to why would anyone want an iPhone that behaved like an Android Phone? Its like rigging a Ferrari with a hybrid engine from the Prius to run economically on fuel (I mean one of the Top 5 items is to jailbreak the iPhone to make it work more like an Android phone!) Its a total paradox if you ask me. But on the other hand, I still hear stories about people who buy a Mac and use it with only Windows on it. So maybe there is someone out there who wants an Android iPhone? Maybe...