Samsung, Apple and others escape as slumping feature phone sales haunt Nokia

[Wireless News]

The PC market isn’t the only tech sector in trouble..According to Gartner’s new numbers, Asia-Pacific is the only region in the world where mobile phone volumes are still growing. Phone sales in the United States are now dropping at 9% annualized pace. Globally, phone volumes were practically flat in Q1 2013, inching up a mere 0.7% year-over-year. Smartphone growth came in at a torrid 43% during the quarter, several points above what was expected a few months ago. This contrast means that feature phone sales are in a real free fall. This is particularly clear in Latin America, where even the hot smartphone growth is not enough to prevent overall phone sales from declining by nearly 4%. The deepening feature

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