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Top links: Fitch predicts end of the iPhone era

A roundup of what The Globe and Mail's market strategist Scott Barlow is reading this morning on the World Wide Web.

Fitch Ratings is forecasting that the era of Apple Inc.and Samsung Electronics Co. Ltd. ‘s dominance of the smartphone industry is coming to an end as cheaper devices gain market share. FastFT reports, “Apple and Samsung sold 467m phones in 2013, but Fitch predicts the total will slip to 450m in 2014, even as global smartphone shipments rise by 20 per cent to 1.2bn. The principal competitors are China's Xiaomi, Lenovo, Huawei and India's Micromax Informatics.”