NASDAQ Announces Smartphone Index Through CEA Partnership

NASDAQ and the Consumer Electronics Association has announced the NASDAQ OMX CEA Smartphone Index. The Index combines a portfolio of 84 companies that are working on “building, design and distribution of handsets, hardware, software, and mobile networks associated with the development, sale and usage of smartphones.” Companies include Motorola, Google, Apple, RIM, Nokia and AT&T.

“This index brings sharper focus to an industry that is transforming the world’s ability to communicate, work, and interact with each other,” stated NASDAQ OMX Executive Vice President John Jacobs. “Investors, thanks to this index, can now easily track companies that are working diligently to combine the benefits of the phone and computer in a single device.”

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