Vendors Shipped 13% Less Mobiles in Q4 2008
February 7, 2009 by Rico Mossesgeld
Filed under Cellphones
Yet another business-is-bad headline: thanks to weak demand, manufacturers shipped 13% less mobiles during the fourth quarter of 2008, according to a statement IDC. Compared to the same period during 2007, the end of 2008 saw approximately 42 million fewer unit shipments.
Other pessimism from IDC included a projection that the market wouldn’t recover until 2010, and reports that companies are having a hard time convincing people to continue spending on phones after around 500,000 people lost their jobs in the US over the past quarter.
The good news for gadget geeks? IDC projected an expansion of the smartphone market by 8.9 percent—with an accompanying ” 1.9-percent drop for the rest of the handset industry”.
Source: BusinessMirror
