Via Forbes Magazine
Mobile phone market is certainly taking a hit with Nokia downgrading their forecast last year to less than 330 million phones to be shipped in last quarter of 2008 bringing their total down to below 1.24 billion handsets for the total 3billiion phone market which may increase to 4 billion as per some optimistic forecast for growing economies of India and China low handset market , the sector in which Nokia is dominant .
For further analysis and forecasts read Permanent Link to When All Goes Bust , Nokia stands strong
Forecastingly
Farhan
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