==== ====Watch TV on Your Smartphone... Click Here for Great Media!http://dac45nxduottktbi03rgno3b0x.hop.clickbank.net/==== ====Investments in shares of wireless technology companies and wireless service providers have beenparticularly profitable in the post-dot com era. The wireless industry is in a sweet spot of thetechnology space. Bountiful business opportunities exist as wireless usage continues to increasein both developed and emerging markets. And driving this usage higher are new products such assmartphones whose capabilities are being augmented by the deployment of third generation (3G)wireless networks.Feature-Rich Smartphones.Smartphones are more than mobile phones. A smartphone is a mobile phone with built-infunctions of a personal digital assistant. Smartphones pack a diverse range of features andfunctionalities into the handset that makes them a mobile information center and entertainmentdevice for the user.Smartphones commonly include features such as web browsing, e-mail, and multimediacapabilities. Certain models have enough horse power to run complex software applications suchas enterprise customer relationship software and car navigation programs.A full-featured QWERTY-type keyboard, MP3 player, and Geo Positioning Systems capability arebecoming common among higher-end smartphones. Instant messaging is a cool feature makingits way into the mainstream.Smartphones, A Growing Segment of the Handset Market.Smartphones represent a small, yet rapidly growing, segment of the handset market. According toStrategy Analytics, smartphone sales at 17.5 million units in 2004 accounted for 3% of theworldwide sales of 684 million handsets. However, this represents a significant jump from the 8.2million units sold in 2003.The demand for smartphones is projected to grow rapidly in the coming years. By 2009, thenumber of smartphone units sold is estimated to reach 125 million or 16% of total handset salesworldwide. This implies a 48% compound annual growth rate in smartphone unit shipments overthe 2004-2009 period.Smartphone Early Adoption Led by Asia and Europe.Adoption of smartphones has been particularly rapid in Asia and Europe. The aggressivedeployment of advanced wireless networks in these regions has encouraged early adoption ofsmartphones.
The Asia Pacific region currently accounts for about 37% of global smartphone sales with SouthKorea and Japan being leaders in smartphone usage. The European market accounts for 27% ofglobal smartphone sales. Analysts expect smartphone sales in Europe to exceed sales in theAsian market in the coming years. North Americas market share in smartphone sales wasexpected to reach 25% by the end of 2004.Nokia, the 800 lb. Gorilla of Smartphones.Nokia (NYSE: NOK) is by far the dominant global smartphone manufacturer. The Finnish companyis currently estimated to command half to two-thirds share of the global smartphone market.Nokia recently introduced its feature-rich Nokia 7710 smartphone in Europe and Africa. The wide-screen Nokia 7710 smartphone includes a full Internet browser, an integrated music player, acamera with 2x digital zoom, and a FM radio. One of the nifty features of the Nokia 7710smartphone is its ability to make weblogging mobile. Users can post pictures and text from theNokia 7710 smartphone directly to the web through the moblog client.Nokia is also expected to introduce the Nokia 3230 smartphone in the first quarter of 2005. TheNokia 3230 smartphone features a video recorder and Movie Director that will allow 1 hour ofvideo to be captured.Nokia is now increasingly looking at software licensing deals to help differentiate itself from itscompetitors. Nokia has recently signed licensing deals with Macromedia and RealNetworks. Nokiais also said to be working on handsets that will receive wireless television feeds.Smartphone Investment Implications.The increasing adoption of smartphones augurs well not only for Nokia but also for othersmartphone manufacturers like palmOne (Nasdaq: PLMO) and Research In Motion (Nasdaq:RIMM). palmOne recently introduced the GSM edition of its Treo 650 smartphone. Research inMotion recently released the latest model in its BlackBerry 7100 series, the 7100g.The incorporation of additional features and functionalities that make smartphones the portableinformation center and entertainment device of choice has bullish implications beyond justmanufacturers of smartphones.Wireless service providers like Vodafone (NYSE: VOD) should see their average revenue per userbeing buffeted with increasing use of value-added services that smartphones enable.Then too, the increasing adoption and usage of smartphones will require the rollout of 3G wirelessnetworks in earnest, translating into business opportunities for wireless network equipmentproviders such as Ericsson (Nasdaq: ERICY).Notes: This report is for information purposes only. Nothing herein should be construed as an offerto buy or sell securities or to give individual investment advice. This report does not have regard tothe specific investment objectives, financial situation, and particular needs of any specific personwho may receive this report. The information contained in this report is obtained from various