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.
Thursday, October 30, 2008
ABI Lowers Mobile Handset Sales Forecast
Gary Kim has been a digital infra analyst and journalist for more than 30 years, covering the business impact of technology, pre- and post-internet. He sees a similar evolution coming with AI. General-purpose technologies do not come along very often, but when they do, they change life, economies and industries.
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