retail news in context, analysis with attitude

The Wall Street Journal reports this morning on a new study by Gartner Inc. saying that the global sales of smartphones was up by 43 percent during the first quarter of 2013, compared to the same period a year earlier, with 210 million of the devices sold by companies like Samsung and Apple.

According to the story, "The rapid growth in the smartphone market during the initial months of 2013 - fueled by demand in Asia - indicates sales of more sophisticated devices built around open operating systems such as Google Inc.'s Android platform will soon represent the bulk of industry sales. During the first quarter, 49.3% of device sales were smartphones, up from 34.8% a year ago and 44% in the fourth quarter."
KC's View:
The more that smartphone usage grows, the more that people are going to be accessing information about the products they buy. And that puts enormous pressure on retailers and manufacturers, as well as creating enormous opportunities.