BlackBerry & iPhone handsets are contributing to the demise of feature phones?
Analysts at the bank said, “We think the change that Apple has forced on the industry continues to play out. Those mid-range feature phones used to be Samsung’s and LG’s bread and butter products upon which they built their operations. Those kinds of phones are vanishing from the shelves in the US, increasingly replaced by high-end smartphones subsidized down to mainstream prices.” For a period of time, Motorola and Sony Ericsson relied heavily in the mid-range market, but recently we've seen their stance shift towards the smartphone market to stay not only competitive, but profitable as well. Some consumers see the value that smartphones have to offer and gravitate to them particularly because they recognize the wealth of features they have and their room for growth thanks to app development.