2013: The Beginning of the End for Feature Phones?

Ten years ago, the term “smartphone” may not have meant anything to anyone, but the tides have been turning and soon the old “feature phone” may be the unfamiliar term, lost behind overwhelming sales of the former.

Is Apple now a once-in-a-decade buying opportunity? Click here to get your 24-page Ultimate Cheat Sheet to Apple’s Stock now!

In February, research firm Gartner showed global smartphone sales growing in 2012, despite mobile phone sales declining. The logical, and demonstrated, explanation was that feature phones were the weak link. Sales of the less-smart devices fell in 2012, and Gartner predicted they would continue to decline in 2013, with global smartphone sales overtaking them. If Gartner’s analysis wasn’t enough, IDC has now offered a similar view of the future parity between smartphones and feature phones.

IDC data shows that feature phones maintained higher global sales than smartphones in 2012, but forecasts that 2013 will be the year the roles flip. Manufacturers are predicted to ship 918.6 million smartphones to make up 50.1 percent of the industry’s total distribution of phones…

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Premium Newsletters

Stock Investor Cheat Sheet

Stock Investor Cheat Sheet®

The ultimate Cheat Sheet for finding winning stock picks.
Learn More

Gold & Silver Newsletter

Gold & Silver

Don't miss one of the biggest bull markets in history! Covers Gold, Silver, Gold & Silver stocks, and miners.
Learn More

Commodities Premium Newsletter

Commodities Premium

There's always a bull market in some sector! Find the best opportunities in commodities.
Learn more

ETF Investing

ETF Investing

At last, a trading system that buys the right ETFs at the right time, time after time!
Learn more

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business