Global Mobile Phone Sales Fell in 2012
Global mobile phone sales declined by 1.7 percent in 2012, hit by tough economic conditions, shifting consumer preferences and intense market competition, industry research firm Gartner said Wednesday.
World-wide sales to end users totaled 1.75 billion units in 2012, a 1.7 percent decline from 2011 sales, Gartner said, adding that fourth-quarter 2012 smartphone sales reached 207.7 million units, 38.3 percent higher than the same period last year.