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Smartphones defy worldwide economic recession

Mike Pearson says:

The smartphone market responds differently to the PC market, in the economic recession.

Amplifyd from www.informationweek.com
The worldwide boom in smartphones is defying the worldwide economic recession
globally, smartphone shipments grew by 13.4% in the second quarter.

In the United States, Research In Motion (NSDQ: RIMM) dominates with a 52% market share of smartphones. However, the situation is fluid, as evidenced by the roaring success of Apple’s iPhone, which has quickly captured 23.3% of the market. Sales of the iPhone jumped 365% in the second quarter, compared with the same quarter in 2008, according to the market research firm. RIM’s shipments of BlackBerrys jumped 29% in the same quarter.

Also notable in the U.S. smartphone market was the market share decline of HTC, which dropped to 5.6% from 8%. Other brands, including those using Microsoft (NSDQ: MSFT) Windows Mobile software, also dropped.

Read more at www.informationweek.com
 
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Posted by Mike Pearson  August 23, 2009 - 4:50 am

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Categories:  Value for Money