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Nokia Leads Smarphone Market with 56% Share; Symbian Has 73% of OS Share

Nokia leads the smartphone market a 56.4% share of the 70.9 million units shipped in 2006, according to ABI Research. Nokia sold 40 million smartphones in 2006, compared to 28.5 million in 2005. Motorola occupied the second position with 8.5% market share, driven mostly by MING. 

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Business-Spending May Slowdown to 4.3% this Year, the Slowest Since 2003

A slowdown in business investment that the Federal Reserve expects to end without much damage to the economy may instead linger long enough to hurt job growth, according a article from Bloomberg today. Some key highlights include:

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Consumer Electronics Shipments to hit 3 billion Units by 2010: Study

Strong consumer electronics (CE) sales are expected to continue for several years, with total shipments increasing from 2.1 billion units in 2006 to 3 billion units in 2010, according to In-Stat, the high-tech market research firm. 

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IDC: Tech Marketing and Sales Expenses to Increase 8% and 9% in 2007

In its forthcoming report on IT vendor Marketing and Sales expenses and key performance indicators (KPIs), IDC's Executive Advisory Group forecasts an 8% increase for the average marketing budget and a 9% increase for the average sales budget in 2007. These budget increases are the largest that IDC has forecast in the five years it has been tracking these trends. 

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Venture-backed companies in US Account for 17% of GDP and 10 million Jobs: Study

U.S. companies that received venture capital from 1970-2005 accounted for 10 million jobs and $2.1 trillion in revenues in 2005, according to a study conducted by Global Insight for the National Venture Capital Association (NVCA). This represents 9% of the total private sector work force and 16.6% of total U.S. GDP. Venture investment itself represents just 0.2% of U.S. GDP.  

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