Mobile Shipments Up but Outlook is Gloomy

MediaPost reports that shipments of mobile devices worldwide were up 13.7% in the first quarter compared to the year earlier period, but that the results are likely to be softer next quarter because of the credit crisis, according to ABI Research.

Some statistics quoted from the report:

– The research firm expects mobile device shipments to hit 1.28 billion, a 12% annual gain for 2008.

– In terms of market share, Nokia led the way with nearly 40% while Samsung and LG increased to 16% and 8.4%,

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