NEW YORK, NY--(Marketwire - Oct 18, 2012) - The rapidly growing demand for smartphones have provided many opportunities for growth for companies within the technology sector. According to a recent report from Strategy Analytics in the third quarter the number of smartphones being used around the globe topped 1 billion for the first time ever. Five Star Equities examines the outlook for companies in the Technology Sector and provides equity research on Apple Inc. (
Access to the full company reports can be found at:
The number of smartphones in use in the third quarter of 2012 totaled 1.03 billion, a 47 percent increase from third quarter 2011. Nokia introduced the first smartphone in 1996 and it has taken the smartphone industry 16 years to top the 1 billion mark. By 2015, the research firm predicts that number to double to 2 billion. The smartphone market in 2011 was estimated to be worth $219 billion according to Bloomberg Industries.
"Smartphone penetration is still relatively low," Neil Mawston, London-based executive director at Strategy Analytics, said in the statement. "Most of the world does not yet own a smartphone and there remains huge scope for future growth, particularly in emerging markets such as China, India and Africa."
Five Star Equities releases regular market updates on the Technology Sector so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.FiveStarEquities.com and get exclusive access to our numerous stock reports and industry newsletters.
Apple has recently sent out invites to an event on October 23, 2012, which is widely expected to be the unveiling of the iPad Mini. "We view the smaller iPad as mostly an incremental opportunity for Apple," Janney Capital Markets analyst Bill Choi said. The iPad Mini likely will attract more women and younger users (eight to 16 years old), he says. "But (we) see some modest cannibalization risk to the iPad and iPod Touch."
According market research firm IDC Android based smartphones dominated the global smartphone market as it accounted for 68 percent of all smartphone shipments in the second quarter. Google's Android and Apple's iOS combined for 85 percent of the all smartphone shipments in the second quarter. "The Androids are taking over the world of smartphones," says Daniel Gleeson, IHS mobile analyst. "We expect the Android operating system to become the first to reach the milestone of 1 billion shipments during its lifetime."
Five Star Equities provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. Five Star Equities has not been compensated by any of the above-mentioned companies. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at:
Five Star Equities