NASDAQ and CEA announce Smartphone Index
By Donald Melanson 
posted April 12th 2010 3:54PM
posted April 12th 2010 3:54PM
The NASDAQ isn't exactly our usual beat here at Engadget, but it's not every day that a consumer electronics market segment gets elevated to the status of having its own index, which is what the stock exchange has now done with a little help from the Consumer Electronics Association. They've teamed up for the NASDAQ OMX CEA Smartphone Index, which consists of 84 companies that are involved in one way or another with the "building, design and distribution of handsets, hardware, software, and mobile networks associated with the development, sale and usage of smartphones." We're having a bit of trouble tracking down the complete list of companies included in the index, but it does apparently have the usual suspects like Apple, Google and RIM, and it has started out with a valuation 250.00.
buy buy buy buy buy....damn I'm broke
@broli
Looks like some of us who actually are in stocks need to start looking into Engadget Mobile lol
Wonder if MSFT is in this index too...
That screen could have so many better uses!
@Edmunn For Porns of course
@Goolick But ofcourse
@Edmunn I was thinking more along the lines of gaming and movie production etc. But porn def works, if only it was 3d now....
@areidmeade
I wonder which other well known entities would jump in on this smartphone hype!
@who said what Playboy.....Reality Kings.....The porn industry as we know it will change forever just imagine, iCum os 9,
Why are some of them bigger than others?
@Cydoniac. Thats what Padme said
@Lord Vader
You killed Natalie Portman. You ought to be stoned to death or w/e the force equivalent is.
@strawe But she was alive, I could feel it, nooooooo
Now this is actually, cool. Who would have thought that smartphones would have their own valued index on the Nasdaq? I forsee great things in the future for smartphones. Think of this as the PC revolution we saw 5 years ago when they started dropping prices and introducing faster and better every couple of months. It's going to be awesome to see how this all turns out 12 - 18 months down the road.
Step one should be getting rid of the stupid "smartphone" moniker. It was invented as an excuse for the piss-poor design of cell phones in general of just a few years ago.
I had a Motorola E-815 with 32 MB of memory. It was incapable of handing the data my 8 MB Handspring Visor managed perfectly during the previous decade. The contacts didn't even have fields for ADDRESSES. Its syncing software (Motorola Phone Tools, by Avanquest/BVRP) was an utter disgrace. Memos? To-dos? HAHAHA.
Apologists would dismiss these gaffes by saying, "Oh, you need a SMART phone to do that." Bullshit. This phone had more processing power and memory than all the PDAs that handily kicked its ass.
We need to stop giving manufacturers a free pass on their insufferably bad designs. Unfortunately, nobody actually tests usability or features at the phone store. Does it look the way I want it to? Can I afford it? SOLD.
Oh, wait, this UI is dog crap. TOO BAD.
Palm... first to drop off this index!
Here's one industry that won't be looking for a bailout any time soon! Thank god because it is my favorite :) I wish I would have bought 9,001 shares of Google or Apple 10 years ago.
@Ipadkiller Well color me stupid!
Because I wasn't following the stock market 10 years ago. I just know they would have been much cheaper back then.
@Eternity woosh.... that's the sound of the :-)comment flying over your head.
@genomalice I know what he means, the company hadn't gone public back then. I just randomly pulled the date off the top of my head to when I might of imagined the stocks to be offered, although they weren't.
Guys I'm not trying to be technical... you know what I mean!!!
That's a really old pic maybe... Apple stock is higher than that now...
Smiling to the bank... =D
Full list here:
https://indexes.nasdaqomx.com/weighting.aspx?IndexSymbol=QFON&menuIndex=0
I'm waiting for the Tablet and the eReader stocks.
"Usual suspects" and you only mention the small American companies? Oh, please! You know just as well as I do that the big players are Nokia, Samsung, SE, LG etc. Way to be nationalist, Engadget.
More completely arbitrary bullsh!t.
Exactly. This is going to look clueless and dated as hell in about three years.
Where's the "talkies" index, or the "color TV" index? Maybe the "running shoes" index.
NADSAQ, is that you?
Wow.. an area in the stock market that's actually doing well.
@MostAmazing The stock market is back up and running in all sectors. The DOW hit 11k today.
@Sharuk Still in tehh recession =/
@MostAmazing Maybe, but we are either out of it or near.
"Although most indicators have turned up, the committee decided that the determination of the trough date ... would be premature,"
http://money.cnn.com/2010/04/12/news/economy/NBER_business_cycle/index.htm
@Sharuk
you quote an article that is talking about how the recession is not over and come to the conclusion that it is over or almost over...?
there can't be a recovery with out jobs.... unemployment and underemployment is still very high
How exciting! A new way to get transaction fees out of uneducated investors.
*signs into Vanguard account*
You mean I can't buy AAPL for 108.98?!?! Way to get my hopes up Engadget.
correct me if i'm wrong, but this is *just* an index, correct? don't we still need to find a fund/stock that "tracks" or "seeks" the performance of this index?
I wonder who started all this rift about smartphone market?
Anyone can disagree that its Apple with its iphone?
P.S. I'm not an Apple fanboy btw, which I'm pretty sure many will throw that stone