Notwithstanding the economic downturn, the smartphone market is on an upswing, with consumers increasingly seeking devices that are well designed with innovative features and applications such as touch screen technology, wireless fidelity (Wi-Fi) and location-based service (LBS), according to notes Research and Markets (http://www.researchandmarkets.com/). And that, of course, is good news for Apple.
These devices continue to be status symbols in the consumer and enterprise markets, says Research and Markets. In the next couple of years, software is expected to play a major role in the mobile handset market, along with more standardized hardware design, adds the research group. And, again, Apple has a leg up on the competition in this arena.
Mobile operators are likely to partner with significant participants from the Internet community, the media and the entertainment...| Read more »