Global Handset Shipments Fall at Fastest Rate in History During Q1 2009
Published on: 30th April 2009
According to the latest research from Strategy Analytics, global mobile handset shipments fell a huge 13 percent year-over-year, to reach 245 million units in Q1 2009. De-stocking by cautious retailers and a worldwide economic downturn caused handset shipments to fall at their fastest rate in the industry's 27-year history.
Alex Spektor, Analyst at Strategy Analytics said, "Global handset shipments fell to 245 million units during Q1 2009, down a huge 13 percent from 282 million units a year earlier. A global economic downturn and cautious de-stocking by retailers caused the slowdown. Our records indicate that Q1 2009 represented the fastest ever decline in annual shipment growth since the modern cellphone industry began in 1983."
Neil Mawston, Director at Strategy Analytics, added, "The first quarter of 2009 was an exceptionally tough period. Shipment growth contracted for all the top five major vendors, forcing some of them, such as Nokia, to rein in costs and slash thousands of jobs. However, one bright spot was found among the smartphone specialists. Apple, for example, more than doubled its volumes year-over-year due to healthy demand for its wildly popular 3G iPhone."
Other findings from Strategy Analytics' Q1 2009 Global Handset Market Share Update report include:
Global Mobile Handset Shipments and Marketshare -- Top 5 Vendors
|Global Handset Shipments (Millions of Units)||Q1 '08||2008||Q1 '09|
|Global Handset Marketshare %||Q1 '08||2008||Q1 '09|
|Total Growth Year-over-Year||14.3%||4.9%||-13.4%|