RHCO Readen Holding Corporation (PK)

A recent study has revealed that Europeans, who were primarily dependent on desktops and laptops to surf the internet are now leaning towards accessing the net with mobile devices like smartphones. (www.bit.ly/JXMlkW)

The study reveals that Nokia (NOK), Google (GOOG) and Apple (AAPL) are the key players in the European market. Nokia's Symbian and Google's Android have the highest market share among Smartphone platform but Apple's iOS leads others in the connected device market with 30% share.

Symbian has lost hold of the European market in recent years because of heavy competition from other platforms like Android and iOS. Virtually dumped by Nokia, Symbian's growth has declined by 6.2% while Android has increased by a whopping 330.2%. Android -- the 2nd largest platform -- holds 28.1% of the market. Although Android leads the Smartphone market followed by Symbian, Apple leads the overall digital market with a 30% share. The largest share of Apple's devices came from iPhone (20 million) followed by iPad (8.9 million) and iPod Touch (7.7 million).

With Android's increasing popularity, niche device makers are adopting it as their preferred platform. D5 Mobile, a wholly owned subsidiary of Readen Holding, Corp (PINKSHEETS: RHCO) has launched 2 new Android based smartphones to be available to the public on June 15, 2012. The D606 is a dual function touchscreen with a full QWERTY keyboard aimed at the professional market, while the D707, a full touchscreen device is aimed at the consumer market. To read more on Readen Holding, please visit www.RHCOReport.com.

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