Smartphones are exploding in popularity. What was once considered a tool just for the tech-savvy or on-the-go business professionals has become a ubiquitous tool in communication. Even the most pessimistic estimates project 400 million units being shipped in 2013. This is up from a little more than 50 million in 2006. This high demand has launched a marketing war between the various handset makers. Leaders in the space — Apple (Nasdaq: AAPL), Samsung (OTC: SSNLF) and Nokia (NYSE: NOK) — spend billions on research and development, and marketing efforts to create and popularize the next hot smartphone.#-ad_banner-# They… Read More
Smartphones are exploding in popularity. What was once considered a tool just for the tech-savvy or on-the-go business professionals has become a ubiquitous tool in communication. Even the most pessimistic estimates project 400 million units being shipped in 2013. This is up from a little more than 50 million in 2006. This high demand has launched a marketing war between the various handset makers. Leaders in the space — Apple (Nasdaq: AAPL), Samsung (OTC: SSNLF) and Nokia (NYSE: NOK) — spend billions on research and development, and marketing efforts to create and popularize the next hot smartphone.#-ad_banner-# They know that by gaining the loyalty of customers, it’s likely that they will remain customers for life, creating a long-term income stream. While people can make money by investing directly into the smartphone makers, savvy investors can step above the market share war and profit handsomely. The way to do that is by simply asking, “What are the common ingredients used in all smartphones?” Obviously, every… Read More