Analyst firm Strategy Analytics says that U.S. economic woes aren't stopping consumers from buying new cell phones. The firm says that in the second-quarter mobile phone sales increased 5 percent to reach 42 million units. That's an increase from 39.8 million units in second quarter 2007. Strategy Analytics said that attractive bundling schemes from operators and a number of new handset launches helped keep replacement rates at a healthy level.
Motorola retained its No. 1 position in the U.S. market with 25.8 percent market share. In addition, RIM finally achieved double-digit market share for its popular BlackBerry devices.
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Handset sales slowing in U.S. amid worsening economy
Mobile phone sales will reach 1.28B in 2008