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Smartphones News

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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Analysis: Why Apple and Samsung are killing it in the smartphone market

Midway through the fourth-quarter earnings season, it's becoming apparent that while Apple (NASDAQ:AAPL) had a record-breaking quarter with 37 million iPhone sales and Samsung did nearly as well, Read more >>

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