The iPhone Is Creating a Photography Boom

Whether at a concert, at a football game, or near a landmark, if you take a moment to look around, the smartphone has become the method of choice for taking pictures. Data from Flickr shows how Apple's (NASDAQ: AAPL  ) iPhones in particular are driving growth in photgraphy. The site's listing of most popular cameras shows that the iPhone 5 comes in first place, the iPhone 4S is the second most popular camera used to take pictures on the site, and the iPhone 4 comes in third place. 

The emergence of smartphones as a popular camera option is killing the point-and-shoot camera. A recent MarketWatch article pegged year-over-year sales declines in point and shoot cameras at 26%. Yet at the same time, detachable lens cameras like SLRs saw 5% year-over-year growth. 

In the following video, Fool analysts Eric Bleeker and Lyons George discuss why smartphones are so good at killing "good enough" products. An iPhone is far more convenient to hold that a point-and-shoot from Sony and takes comparable pictures. However, smartphones have made millions of consumers more accustomed to taking pictures as a hobby. The result is that more professional devices like SLRs are actually benefiting from the growth of smartphones. 

What areas smartphones disrupt or create new opportunities in is an important area for investors to think about, as software on smartphones increasingly controls housing functions such as media, thermometers, and even locks to doors. To see Eric's and Lyons' full thoughts on the subject, watch the video. 

It's incredible to think just how much of our digital and technological lives are almost entirely shaped and molded by just a handful of companies. Find out "Who Will Win the War Between the 5 Biggest Tech Stocks" in The Motley Fool's latest free report, which details the knock-down, drag-out battle being waged among the five kings of tech. Click here to keep reading.

Read/Post Comments (1) | Recommend This Article (4)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On July 29, 2013, at 8:32 AM, lawsonphoto wrote:

    I realize this article is based on AAPL stock but as a photographer I have to confirm the scope of this trend - iPhone's are beginning to dominate smaller point and shoot cameras. I see it in the field all the time, also consider the amount of workshops encouraging iPhone photography - with the new iPhone coming out soon - only expect bigger things from the smartphone camera. <a href="">More Photography Tips</a>

Add your comment.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2563015, ~/Articles/ArticleHandler.aspx, 9/28/2016 1:15:36 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated Moments ago Sponsored by:
DOW 18,201.29 -27.01 -0.15%
S&P 500 2,156.01 -3.92 -0.18%
NASD 5,295.80 -9.91 -0.19%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/28/2016 12:49 PM
AAPL $113.60 Up +0.51 +0.45%
Apple CAPS Rating: ****