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1.1 Billion Cell Phones Sold Worldwide In 2007, Says Study

by Alon Avdi on January 25, 2008 at 02:16 PM



A recent study concludes that about 1.1 billion cell phones were sold in 2007. Strategy Analytics, a market research firm, says that the number of units sold marks a ten percent increase from the previous year. It also forecasts a ten percent increase in cell phone purchases this year, with regions such as Africa and the Middle East picking up the slack for saturated Western markets.

Finland's Nokia took the top sales spot with a market share of about 39%, or 437 million units sold. The study also noted that Apple's iPhone took about a 0.6 percent market share, which translates to about 2.3 million phones sold. Those numbers are slightly disappointing, says Strategy Analytics, pointing to the reluctance of European consumers to pay for the relatively expensive iPhone with the same fervor as the frenzied American public did last summer. Interestingly, Apple CEO Steve Jobs recently offered a more flattering figure, saying that the number of iPhones sent out numbered closer to 4 million. Somehow, we just don't see the pricey iPhone being a smashing success in economically-troubled Africa this year...

From AFP Via Textually.org

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Tags: cell phones, CellPhones, cellular phones, CellularPhones, iPhone, Nokia, Strategy Analytics, StrategyAnalytics

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