Cellphone market shrank in first quarter: Gartner
Home page > News

Cellphone market shrank in first quarter: Gartner

www.reuters.com   | 16.05.2012.

HELSINKI (Reuters) - Global sales of mobile phones shrank 2 percent in the first quarter due to slower demand in the Asia-Pacific region, the first year-on-year fall since 2009, research firm Gartner said on Wednesday.
br />

"The first quarter, traditionally the strongest quarter for Asia ... saw a lack of new product launches from leading manufacturers, and users delayed upgrades in the hope of better smartphone deals arriving later in the year," analyst Anshul Gupta said in a statement.

Gartner said the slow start to the year made it cautious about the rest of 2012, and will lower its full-year cellphone market outlook by some 20 million handsets.

(Reporting By Tarmo Virki)



Comments (0) Add Your comment Add news < Previous news Next news >








  Add your news >>>