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For those companies like Nokia, LG, Pantech, Samsung, and others that still manufacture featured phones it will be an even tougher slog as featured phone demand falls.
FORBES: Move up http://i.forbesimg.com t Move down
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The average revenue per user for a smartphone user is far higher than a featured phone one, and this allows carriers to recover money over the course of the contract period.
FORBES: China Telecom Geared Up for iPhone Frenzy As Demand Boils
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Google also has a chance to feature maps and location services on other apps, valuable because Google earns ad dollars from the businesses its maps feature, such as whenever a user taps on a featured phone number.
FORBES: At Last, Google Maps Returns To The iPhone
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The invitation to the event, "come see our new home on Android, " suggests that Facebook will be prominently featured on a phone's home screen.
NPR: Eyes On Facebook Mobile Event As Company Evolves
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Apple is reported to have halved its orders for the display panel featured on the phone for the January to March quarter, according to the Nikkei Japanese news service.
BBC: Apple shares hit by iPhone 5 order fears
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While not as fully featured as the current Windows Phone handsets, they are a cut above a regular phone, including a web browser, email client, and social media applications.
FORBES: Samsung Gets Ready To Attack Nokia's Budget Sized Flank
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The couple featured in the introduction caused me to grab my smart phone to take pictures of the serial numbers and descriptions of my appliances to look up for recall alerts.
FORBES: Time Well Spent: How to Avoid Appliance Fires
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When Apple unveiled iOS 5, the latest major update to the software on iPhones and iPads, it featured deeper integration with Twitter -- letting users share photos directly from the phone's camera app, for example.
CNN: Report: Facebook making phone, code-named 'Buffy'
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After screening dozens of U.S.-traded China stocks against the model, one that stood out was cell phone giant China Mobile Ltd. (CHL) , which I featured in my most recent Forbes.com article. (Click here for that article.) But I also found a couple other smaller China plays that get solid marks from my Buffett-based strategy.
FORBES: China Picks Buffett Might Like