Nearly 50% of Americans Own Smartphones; Android, iPhone Dominate

Mobile Insights is a daily newsletter from BI Intelligence that collects and delivers the top mobile industry news.

Mobile Insights is a daily newsletter from BI Intelligence that collects and delivers the top mobile industry news.

More American adults now own smartphones than basic mobile phones, according to a survey released on Thursday.The Pew Research Center's Internet & American Life Project survey found that smartphone penetration has increased significantly among nearly every major demographic group in the United States.According to the survey, nearly half -- or 46 percent -- of Americans aged 18 and older owned a smartphone as of February while 41 percent owned a basic mobile phone and 12 percent did not own a mobile device.

AAPL stock is currently trading at or just under the $500 "generational bottom" in the premarket session, or nearly a one year low, following news first from Japan's Nikkei that Apple has slashed orders for iPhone 5 components, and then from the WSJ, that demand for the flagship phone was far less than expected, resulting in a cut in orders in the supply chain.

By Dividend Pros:After delivering blow-out returns to investors in recent years, Apple's (AAPL) stock has had a rough past few months. Apple's supposed decline is mostly attributed to the company's maturing revenue growth due to the saturation at the top end of the smartphone market.

By Dividend Pros:After delivering blow-out returns to investors in recent years, Apple's (AAPL) stock has had a rough past few months. Apple's supposed decline is mostly attributed to the company's maturing revenue growth due to the saturation at the top end of the smartphone market.

IDC just released numbers for worldwide smartphone market share. No surprise: Google's Android mobile operating system continues to dominate, hitting 70 percent of the market in the fourth quarter.