Looking for a smartphone with GPS that pin points exact location

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Sep 12, 2014 3:27:14 PM via Website

How does my phone identify its location when there is no GPS feature on the device? How accurate is the positioning if I use a GPS enabled smartphone? Does it show any specific periphery or radius of the location of my phone? I am looking for a smartphone with GPS that pin points exact location, friends can you please help me to find a good one?

Thanks.