The latest analytics reports done by Google’s new Admob subsidiary show that Android continues to draw market share from Apple’s iOS.  A year ago, the iPhone owned almost 50% of the smartphone market by web traffic while Android had only 5%.

June saw the annual release of Apple’s new iPhone.  Apple said it had sold 1.7 million units on Monday as lines continue through this week, even as reports of antenna problems continue.

But as always, more Android devices are in the pipeline.  HTC’s popular Android phones on Verizon (Incredible) and Sprint (EVO) have also been selling out.  Motorola also launches its next generation Droid x Smartphone on Verizon (VZ) next month.  Even AT&T has a solid Android phone in the Aria, which is a bestseller.

Google (GOOG) says they are activating 160,000 Android devices a day and that number is rising dramatically.

Other interesting Android factoids from the report:

The report said 7 of the top 10 smartphones in May ran Android.  That is in stark contrast to previous years.

Over 2/3rds of all Android devices are in North America, with Google’s favorite nation, China, coming in second with 13%:

HTC and Motorola (MOT) make 83 % of the Android devices sold.  Samsung has a big Galaxy S line release this summer, which should tip the scales a bit.  Sony Ericsson could also make some noise.

It will be interesting to see if Android keeps up the momentum through Apple’s (AAPL) iPhone 4 release or if iPhone starts taking market share back.  If you look at last year, the iPhone gained ground until Christmas.  This year may be different, however.