TELECOM Digest OnLine - Sorted: Sales of Cell Phones Totally Off the Hook / 180.6 Million Units

Sales of Cell Phones Totally Off the Hook / 180.6 Million Units

Monty Solomon (
Sun, 29 May 2005 03:42:00 -0400

Ryan Kim, Chronicle Staff Writer

Mobile-phone sales continued at a torrid pace in the first
quarter as consumers worldwide latched on to camera phones and cheap
deals, according to a new report.

The industry reported that 180.6 million units were sold in the
first quarter of this year, a 17 percent increase from the same period
a year ago. That continued a buying boom that began two years ago and
really took hold last year, according to market research firm Gartner
Inc. The new figures prompted Gartner to revise its mobile-phone sales
estimates up to 750 million units from 720 million for 2005.

Still, industry analysts predict a cooling-off trend as some of
the emerging markets in China and elsewhere stabilize while existing
mature markets in North America and Europe slow down after a recent
frenzy in phone replacement sales.

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