Cell Phone Sales Still Strong

According to the latest figures from Strategy Analytics, “329 million mobile handsets were sold worldwide in Q4 2007. Volumes increased at 12.3% annually. Three of the top five brands saw sequential increase in average selling prices (ASP). Nokia attained 41% market share, revenues and operating profits continued to grow at double digit levels. Motorola and Sony Ericsson slipped to the third position in CDMA and UMTS respectively, Samsung occupied the second spot in both categories. Among others, RIM and Apple gained share, with Apple coming slightly below expectations.”