Thursday, October 30, 2008

ABI Lowers Mobile Handset Sales Forecast

ABI Research has revised its expectations for fourth quarter 2008 mobile handset sales to 7.5 percent growth from the 10.4 percent it earlier expected.

Call that the expected impact of tougher economic conditions.

Year over year annual growth is therefore likely to be between 10.5 percent and 11 percent, to close out the year at around 1.27 billion.

Handset sales grew 8.2 percent during the third quarter, year over year.

Expect to see aggressive marketing and promotional activities from operators and vendors alike as they strive to lure end-users to upgrade their handsets before the year’s end, ABI predicts.

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