Apple (NASDAQ: AAPL [FREE Stock Trend Analysis]), Samsung, Nokia (NYSE: NOK), Research In Motion (NASDAQ: RIMM) and other smartphone manufacturers can rejoice in the news that consumers are repeatedly turning to their cellular devices to perform a wide array of tasks.
According to PCMag, 82 percent of smartphone users turn on the device just to take a picture, while 80 percent turn it on to send or receive a text message. More than half (56 percent) turn it on to surf the Web; 50 percent do so to send or receive an e-mail.
These findings are not as surprising as they are damaging to companies that produce specific-use devices. Canon (NYSE: CAJ), for example, does not make cellular devices. But it produces a number of digital cameras, including several pocket-sized devices. If Consumers are reaching for their smartphones instead of an actual camera to take photos, Canon's future could be in jeopardy.
Read more: http://www.benzinga.com/news/1...-canon#ixzz2DZFnimTD
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