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Articles tagged with: Xperia and True
Financial Crisis Hits Mobile Phone Sales as Q3 Shipment Growth Slows
The worldwide mobile phone industry felt the impact of the global financial crisis in the third quarter of 2008 (3Q08) as total handset shipments were down significantly over previous quarters. Mobile phone manufacturers shipped a total of 299.0 million handsets in 3Q08, up 3.2% from last year, and down -0.4% over 2Q08. The third quarter of the year has historically been a ramp-up quarter as manufacturers load their sales channels with handsets in preparation for the holiday season, producing year-over-year growth rates as high as 20% as a result. This year has not witnessed a similar ramp up, largely due to the current economic situation. more
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