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Posted by Monty Solomon on November 13, 2007, 9:04 pm
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Wireless Gets Good Reception
November 09, 2007: 08:05 PM EST
Nov. 12, 2007 (Investor's Business Daily delivered by Newstex) --
Forget everything you know about the cellular phone market. As the
recent arrival of Apple and Google suggest, everything is about to
change.
Apple awed the already-hot market in January when it announced the
iPhone, a sleek touch-screen handset that plays music, scrolls
pictures, surfs the Web and -- lest users forget -- makes phone
calls. Analysts say the device is boosting demand for premium smart
phones, which account for just 10% of cell phone unit sales now.
Google's entry into wireless last week failed to spark the intense
hype of the iPhone, but its impact could be even bigger, analysts
say. Rather than unveil a Google phone as many expected, Google
unwrapped a wide-reaching software initiative that aims to make cell
phones much more powerful and easy to use -- and perhaps loosen
carriers' grip on consumers.
...
http://money.cnn.com/news/newsfeeds/articles/newstex/IBD-0001-20881901.htm
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