Mobile Phones Ring Up 12 Percent Gains

Martin, Scott
August 2008
Red Herring;8/27/2009, p3
Trade Publication
The article deals with a report from research firm Gartner which found that despite higher costs of fuel and food, consumers still have an appetite for their gadgets. The report reveals that sales of mobile phones worldwide jumped 12 percent to 305 million in the second quarter of 2008 despite the difficult economic environment. Gartner predicts sales to increase to 1.28 billion units by the end of 2008. Finnish phone maker Nokia has increased its share of the world market to 39.5 percent from 36.7 percent for the quarter.


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