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. 

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  • 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="http://www.lawsonphoto.us/">More Photography Tips</a>

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