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July 24, 2005
By 2009 one-third of mobile phone sales in Asia
A recent Gartner study predicts there will be 2.6 billion cell phone sets by year 2009. In that year one billion phones will be sold. Asia will account for one-third of sales by 2009.
Sales of smartphones represent the fastest growing area in the mobile market and some 280 million will be sold in 2009, according to Gartner.
However, cell phone makers across the globe are facing stiff competition and recently Nokia, the world's largest handset maker's stock has been downgraded due to pricing pressure.
In the latest quarter Nokia saw decline in average selling prices of cell phones. Handset average selling prices were $125, down from $146 in March, an all-time low.
Increasing exposure to expanding developing countries where average cell phone prices are low is a key factor behind bleak profitability outlook for cell phone companies moving forward.
Posted by admin at July 24, 2005 06:48 AM
Comments
HELLO.I`D LIKE TO KNOW IF YOU SELL PHONES AND PRICES.THANKS A LOT¡¡
Posted by: ROBERTO MARTIN at August 13, 2005 04:03 PM