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

Norwegian Cruise Lines

Norwegian Cruise Lines (NCLH) is one of the “big 3” in the cruise industry. There’s a real growth story here thanks to a steady expansion in the firm’s ship count, along with an acquisition last year that gives it exposure to the high end of the market.

Constellation Brands

This maker of wines (Mondavi, Clos du Bois, Ravenswood), beer (Corona, Modelo and TsingTao) and spirits (Svedka, Black Velvet and Paul Masson) gets 89% of its revenues from the U.S. and 11% from Canada, so the strong dollar isn’t hurting.

Cheetah Mobile

My stock pick this week is a Chinese stock that was featured in the Other Stocks of Interest section of Cabot Growth Investor. (It’s also in the portfolio of Cabot China & Emerging Markets Report).

Cabot Wealth Advisory

Three Simple Options Strategies to Hedge Your Portfolio

By Paul Goodwin on July 02, 2015

Markets are used to all kinds of stressful events, and for the past year or so have taken the Greek debt crisis pretty much in stride. Up through last week, what we saw in the market was an unemotional averaging out of all investors’ estimates of the probability of a Greek default and the likely fallout (including Greece’s exit from the Eurozone).Read More >

Three Simple Options Strategies to Hedge Your Portfolio

By Jacob Mintz on July 01, 2015

On Monday, Paul Goodwin discussed the panic that sparked a greater than 2% decline in the markets on Monday. So how do you protect your portfolio from a pit bull and a swarm of bees?Read More >

Investors and the Genuinely Horrible Day

By Paul Goodwin on June 30, 2015

There’s nothing like a genuinely horrible day to get the attention of equity investors. Financial websites and online brokerage accounts must have registered a spike in visitors this morning as the investors who suffered through Monday’s storm tried to figure out which way the market’s winds might blow on Tuesday.Read More >