May 29, 2008
Cellphone sales slide in Western Europe
Mobile phone sales in Western Europe fell more than 16 percent in the first quarter, the first decline since at least 2001, as a troubled economy put a damper on consumer spending, the research company Gartner said Wednesday, reports the IHT.
"European consumers, hurt by a global economic slowdown and higher fuel prices, also spent less when they bought new phones, opting for midpriced devices instead of more expensive ones, Gartner said."
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