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December 4th, 2008 at 9:33 pm

Smartphone Market Grows 11.5% In 3Q08 From 3Q07

iphone-omnia Smartphone Market Grows 11.5% In 3Q08 From 3Q07

Gartner Thursday said in the third quarter of 2008, the global smartphone market reached its weakest year-on-year growth since it began tracking the industry. Worldwide smartphone sales to end-users totalled 36.5 million units in the third quarter of 2008, an 11.5% increase from the same period in 2007. “The current economic climate is negatively impacting sales of higher end devices,” said Roberta Cozza, principal analyst at Gartner. “Going forward, we should expect the smartphone device market to continue to grow but at a slower pace. Although leading mobile operators are subsidising more smartphones, to reach lower prices they tie the device to two year contracts with monthly data plan rates which remain too expensive for the mainstream user.”

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