IMS: Handset Sales Growth Slowing
New figures from IMS Research‘s Online Cellular Database show that worldwide shipments of new cell phones will reach 1.19 billion this year. The number is up only 5.7% over the 1.12 billion handsets shipped in 2007, and “significantly lower than previous years, which enjoyed double-digit growth,” the market researcher said.
The research found several reasons for the slowdown, including a softening of the global economy, consumers having less disposable income and the fact that more consumers are getting talked into longer-term contracts with their carriers that keep them from buying a new phone as early as handset makers would probably like.
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