Expect Cellphone Market To Fall In 2009
Posted on November 27th, 2008 by dhirender
Gartner expects cellphone sales in 2009 to fall ‘in the low-single digits’ from this year as the economic slowdown hurts consumer demand in countries around the world.
Sales of mobile handsets in the largest region, Asia Pacific, rose 13.8% in the third quarter but Gartner warns that the growth would come to a halt in the fourth quarter.
“We expect the global economic decline and associated drop in disposable incomes to make sales in the region almost flat during the fourth quarter of 2008,” analyst Anshul Gupta said. Handset sales in Western Europe fell 8% from a year ago to 43.5 million phones. [Via]
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Filed under: Business
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