News

NASDAQ Adds Smartphone Index Featuring Google

4

With a little help from the Consumer Electronics Association, the smartphone  industry has earned its own NASDAQ index, solidifying the influential status of smartphone devices, their manufacturers, and associated interest groups. Among the  companies included in the index is Google, a sign of how important Android has been in the growing smartphone market.

Joining Google are 84 other companies including Apple and RIM, though a complete list has not been compiled just yet. One could assume that mobile carriers such as Verizon and AT&T will be on the list as well.

0332pe_nasdaq

Not every industry gets honored with their own stock index, and this move highlights the growing demand (and sometimes necessity) for smartphone devices. It is no doubt in part to the hard work of Google and the manufacturer’s of Android OS phones for helping to create an active and competitive market. Android has grown leaps and bounds since its inception, and has quickly become a leader in innovative and functional technologies that are improving not only Android devices, but helping to spur on changes in the industry as a whole.

[via engadget]

Kevin Krause
Pretty soon you'll know a lot about Kevin because his biography will actually be filled in!

Even More MyTouch Slide Pics

Previous article

Dell Streak/Mini 5 Making the Rounds

Next article

You may also like

4 Comments

  1. “Android has grown leaps and bounds since its inception, and has quickly become a leader in innovative and functional technologies that are improving not only Android devices, but helping to spur on changes in the industry as a whole.”

    wow…that’s deep.

  2. @Ahmed Eltawil

    your probably an applefan boy… it has grown to something big, compared to apple since no-one was really there to compete.

    so shut it

  3. @Zach
    Apple was instrumental in bringing in a revolution in the smart phone market. Android only followed it. All you google fans have to accept that fact whether you like it or not.

  4. Would be nice to list the symbol (QFON) in the article. Would have saved me the 15 second Google search.

Leave a reply

Your email address will not be published. Required fields are marked *

More in News