3/3/2009

There are more signs the recession is taking its toll on the mobile handset and services businesses: Research firm Gartner reported that cell phone sales fell 5% in the fourth quarter from the previous year, while Juniper Research warned that revenue growth from mobile-entertainment services could dip to as low as 7% if the economy does not pick up. Gartner did say handset demand could stabilize in 2010, and Juniper offered a best-case scenario of a 19% revenue gain for entertainment services.

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