Two Ways: Mobile Phone Demand Breaking Up
Hanging Up on Cell PhonesGartner is out with negative comments on the mobile-phone industry. The Connecticut-based firm specializing in information-technology research said in a report that despite growth in 2008 sales plunged 5% in the fourth quarter. This is typically a favorable time for sales of mobile phones due to holiday demand.Gartner now sees sales dropping 4% for 2009 and the firm's research director Carolina Milanesi said efforts to cut inventory will intensify in the first two quarters. Milanesi doesn’t see demand stabilizing before 2010. For more trading action see Toddo’s Random Thoughts: The Moment of Truth Approaches. From the Bull ...
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