Mobile phone sales on downward spiral


Mobile phone sales on downward spiral

Antony Savvas

Worldwide mobile phone sales grew 6% in 2008, but sales declined 5% in the fourth quarter, says Gartner.

The analyst said the global economic downturn had a significant impact on the mobile phone industry, as worldwide mobile phone sales to end-users totalled 314.7 million units in the fourth quarter, a 4.6% decline on the fourth quarter of 2007.

It said manufacturers continued to struggle against low consumer confidence in both emerging and mature markets.

The industry saw growth for the year overall, with worldwide mobile phone sales to end users surpassing 1.22 billion units in 2008, a 6% increase on 2007. But the overall trend is now downwards.

Email Alerts

Register now to receive IT-related news, guides and more, delivered to your inbox.
By submitting you agree to receive email from TechTarget and its partners. If you reside outside of the United States, you consent to having your personal data transferred to and processed in the United States. Privacy

COMMENTS powered by Disqus  //  Commenting policy