Smartphones are mobile phones with additional advanced computing capabilities, distinguishing them from standard feature phones. Smartphones have the ability to run more complicated applications than feature phones and often run on open operating systems, possess stronger processers, have greater storage capabilities and feature larger screens. The first Smartphone, as reported in USA Today, the IBM Simon, was sold by BellSouth in 1992 and included a calendar, a note pad, games, and allowed the user to email and fax. The IBM Simon was also the first phone to use touch screen technology. In 1997, Ericsson produced the GS88, the first phone to be called a “Smartphone.” Since the 90s, the smartphone market has changed dramatically. As of 2010, Smartphones now make up 20 percent of the handset market, with global Smartphone shipments increasing by a whopping 74 percent from 2009 to 2010. Smartphone revenues reached $99 billion in 2010, accord to a report from Strategy Analytics. Apple, Nokia, and Research in Motion (RIM) cashed in, with Apple in the lead, commanding 29 percent of the total market revenue. According to a report by Canalys, 97 percent of Smartphones on the market run on operating systems produced by Android, Symbian, Apple, RIM, or Windows Mobile. Only 3 percent of Smartphones run on alternate operating systems. The most popular smart phones on the market currently include Apple’s iPhone 4, Motorola’s Droid 2 and Droid X, HTC’s EVO 4G and  Droid Incredible, and RIM’s BlackBerry Torch, BlackBerry Bold, and BlackBery Curve.

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Smartphones

Latest Headlines

Latest Headlines

Amazon exec: We flubbed the Fire phone's pricing, but will keep improving the experience

Amazon bungled the pricing of the Fire phone, its first smartphone, but is not giving up in the market and will continue to enhance the user experience on the device, according to an Amazon executive.

Xiaomi becomes world's No. 3 smartphone vendor by market share

Xiaomi became the world's third-largest smartphone maker by market share for the first time during the third quarter, although it stands to immediately lose that status after Chinese rival Lenovo completed its acquisition of Motorola Mobility.

Lenovo completes $2.9B deal for Motorola, will pursue dual-brand strategy in emerging markets

Lenovo officially closed its $2.91 billion deal to buy Motorola Mobility from Google, a move that immediately turns Lenovo into the third largest smartphone player in the world by market share. Lenovo, which is popular in China and many markets where Motorola doesn't play, will use a dual-brand strategy to grow the combined company's mobile businesses in emerging markets.

Samsung's mobile profit plunges 74% in Q3 as competition intensifies

Samsung Electronics' third-quarter profit plunged thanks in large part to a steep decline in its mobile unit's profit and sales, as rising competition from Chinese rivals like Huawei, Lenovo and Xiaomi has started to take a toll. Samsung said its mobile performance in the current fourth quarter remains uncertain, but the company hopes to bounce back thanks new phones with flexible displays in 2015 as well as more competitive phones at different price points.

LG posts best mobile results since 2009 as smartphone sales boom to 16.8M in Q3

LG Electronics posted its best results from its mobile unit in five years as sales and operating profit jumped thanks to record-high smartphone sales in the third quarter, driven largely by the G3, the company's latest flagship device.

Motorola's Osterloh: After 'near-death' experiences, Lenovo deal to give firm a new lease on life

HALF MOON BAY, Calif.--Motorola Mobility has been through several near-death experiences in the past few years, but its impending acquisition by Lenovo will allow it to double the number of markets it competes in and ride the trend toward lost-cost smartphones, according to Motorola President and COO Rick Osterloh.

Ho's Perspective: Is prepaid still relevant? Yes!

Postpaid competition has been dominating mainstream and industry press headlines. Postpaid device and double data promotional moves by all rivals set the competitive tone as we enter the all-important fourth quarter. On Verizon's third-quarter 2014 earnings call, CFO Fran Shammo noted that the prepaid sector growth has slowed relative to previous years, and given entry price points are so close to postpaid, some of those subscribers are moving to postpaid.

Amazon takes $170M writedown on Fire phone

Amazon revealed how much it is losing on its Fire smartphone: at least $170 million to date.

Microsoft sells 9.3M Lumia smartphones in Q3, takes Nokia branding off smartphones

Microsoft reported a jump in smartphone sales for the third quarter and also confirmed it will put its own brand name in place of the Nokia brand on its Lumia Windows Phone smartphones going forward.

Mallinson: How to succeed in smartphones as ASPs decrease

Fundamental changes in demand will be very disruptive to smartphone suppliers. Smartphone vendors that want to succeed will need to make significant cost reductions while also adapting with new product offerings, changes in supply chains, and product distribution.