Smartphones to beat projections, account for half of all mobile phones by 2013

Smartphones

It wasn’t supposed to happen until 2015. Smartphones accounted for 35% of the worldwide market last year but they are projected to jump to over half of the market by next year.

According to AllThingsD:

“This represents a major upgrade for the outlook compared to a year ago, when smartphones weren’t expected to take the lead until 2015,” IHS senior analyst Wayne Lam said in a statement. “Over the past 12 months, smartphones have fallen in price, and a wider variety of models [has] become available, spurring sales of both low-end smartphones in regions like Asia-Pacific, as well as midrange to high-end phones in the United States and Europe.”

The odd part is that a separate news report today in VentureBeat says that Foxconn International, the smartphone maker that produces handsets for companies like Nokia and HTC, is reporting $226 million in losses the first half of this year. Many are familiar with their parent company, Foxconn Technology, as the producer of the iPhone.

* * *

“Smartphone” image courtesy of Shutterstock.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

spot_img

Related Articles

Video is evolving

Videography used to be a highly specialized field that required special equipment and training.  It took multiple members of a...
Read more
The importance of mobile design really cannot be exaggerated these days. In 2014, 60 percent of web traffic came from...
Since cell phones were released in 2006, mobile advertising has grown to a $64 billion a year industry.  It’s projected...