Japanese Cell Phone Makers Tap Android

 

Japanese cell phone makers are attempting to enter the growing worldwide mobile device market by adopting Google’s (GOOG) Android according to the New York Times.

Japanese mobile phones are already more advanced than many on the market elsewhere, with some that double as credit cards, can display digital TV broadcasts and are equipped with solar cells. But the Times reported that Japanese cell phones haven’t taken off elsewhere in a market dominated by Apple (AAPL), Research in Motion (RIMM) and Samsung.

To better compete internationally, Japanese cell phone makers like Sharp, Sony Ericsson, NEC and Kyocera will all adopt Google’s Android mobile operating system. According to the Times, Sharp has already introduced a line of tablet computers running Android to the U.S. market to compete with the iPad.

Apple’s iPhone initially overshadowed devices running the Android operating system, but the number of Android numbers is now rising rapidly, the Times reported. Worldwide sales of Android phones hit 67.2 million units in 2010, way ahead of the 46 million units for the iPhone.

GOOG and AAPL are both Cabot Top Ten Weekly stocks.


Stock Picks

Applied Materials

Its size and product diversification help insulate it from economic downturns, and its high quality products protect its market share.

Weibo

This social networking platform can be called the Twitter and Facebook of China.

Parsley Energy

All the characteristics of a big energy winner—if oil prices cooperate.

Cabot Wealth Advisory

Why I Remain Bullish on the Stock Market

By Michael Cintolo on July 28, 2016

Many pundits are saying the same thing: that the stock market is overbought and that a short-term correction is nigh. The charts tell a completely different story.Read More >

Three Big Trends and Three Small-Cap Stocks

By Tyler Laundon on July 26, 2016

Trend analysis is critical when researching small-cap stocks. And these three small caps are benefiting from some of today's biggest trends. Read More >

How Pokemon Go Is Like the Stock Market

By Timothy Lutts on July 25, 2016

Pokemon Go has swept the nation these last three weeks, and seemingly everyone (myself included) has joined in on the fun. It reminds me a lot of how the stock market works. Read More >