Cell Phone Shipments Reach 1 Billion

Iria · Jan 26, 2007, 04:01 AM

Source: BetaNews
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For the first time, cell phone shipments topped the one billion mark in 2006, a feat that was helped along by a 20 percent increase in shipments during the holiday quarter to 295 million units, according to research firm IDC.

2006's total of 1.02 billion units was up 22.5 percent from the previous year's total of 833 million. Motorola was able to gain ground on market leader Nokia, however in both cases the companies felt the sting of strong competition. Profit margins declined for both companies, IDC said.

Jan 26, 2007, 04:01 AM	#1
Iria DriverHeaven Extreme Member Join Date: Apr 2004 Posts: 7,275 Rep Power: 89	Cell Phone Shipments Reach 1 Billion Source: BetaNews ________ For the first time, cell phone shipments topped the one billion mark in 2006, a feat that was helped along by a 20 percent increase in shipments during the holiday quarter to 295 million units, according to research firm IDC. 2006's total of 1.02 billion units was up 22.5 percent from the previous year's total of 833 million. Motorola was able to gain ground on market leader Nokia, however in both cases the companies felt the sting of strong competition. Profit margins declined for both companies, IDC said.