An apparatus and method for holding a portable electronic device, comprising a base formed of thin, flat, rigid, material, and having, in a lower portion a first, substantially unbroken, flat surface, against which the inner lower surface of the device can be mounted; in any upper bifurcated portion a central slot with a relatively wide open upper end and a relatively narrow closed lower end adjoining the lower portion, and on the sides of the slot open upper end a pair of upwardly-extending, laterally-spaced, second and third mounting surfaces, against which spaced-apart inner upper surfaces of the device can be mounted; a first pair of holes formed in the outer ends of the second and third mounting surfaces; a second hole formed in a lower end of the lower portion; a plurality of inwardly-extending notches formed in the outer edge surfaces of the lower and upper portions; a cord having each of two end portions threaded through the first pair of holes; a middle portion formed as a loop and threaded through the second hole; on each end of the cord a resilient wedge; wherein the device, when equipped with a mounting clip or button, is adapted to be detachably secured to the base by being mounted on the closed lower end of the slot, and if not so equipped is adapted to be strapped to the base by use of the cord and by use of the wedge members is adapted to be suspended from a structure formed so as to receive, squeeze, and detachably hold the wedge members and thereby suspend the base.