Tuesday, March 10, 2009
Gartner: Mobile sales declined 5% in Q4 08
New data from Gartner has revealed that mobile phone sales dropped almost 5 percent in the last quarter of 2008 as vendors struggled against low consumer confidence. Total worldwide sales to end users totalled 314.7 million units in the quarter, a 4.6 percent decline from fourth-quarter 2007, with the top five handset vendors all registering a drop in sales. The decline came in a quarter that is traditionally the strongest for the mobile phone industry due to Christmas sales. However, despite the fourth-quarter decline, sales for the full year 2008 reached 1.22 billion units, a 6 percent increase over 2007. Its not going to look rosy this year with sales of mobile to continue to plummet.