US handset sales down 22% in Q1

US sales of mobile phones were down 22% in Q1 2008 compared to the same period last year, says NPD. The research firm estimates that 31m handsets were sold in the US last quarter, generating revenues of USD2.7bn, down from USD2.9bn in Q1 2007.

“For the first time since NPD has tracked handset sales, we’ve noted a decline in sales during the first quarter after the holidays,” says NPD director of industry analysis Ross.Rubin. “With looming economic concerns on the horizon, many consumers may be holding back on new handset purchases.”

Motorola continued to lead the US handset-manufacturing market in Q1. However, its share of handset sales declined from 35% in Q1 2007 to 27% this year. Samsung ranked second with 18% market share, followed by LG with 17% and Nokia with 8%. RIM surpassed Sanyo in the race for the fifth spot, accounting for a 5% market share.

Published by Reinout te Brake

Reinout is a games investor and strategic business consultant specializing in the games industry. Reinout established his credentials through his own successful investments, start-ups, consulting and (advisory) board positions that led through time to strong bonds with key stakeholders in this fast paced industry. He is known for his outstanding results in the gaming industry. He has worked with many game studios around the globe and is therefore well known in the international gaming industry. Check out his games podcast;

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