“Global sales of wireless phones increased more than 17% in the second quarter, fueled primarily by demand in developing markets, according to a widely followed industry report,” Jeffry Bartash reports for MarketWatch.
“The market-research firm Gartner said Thursday that customers around the world snapped up 270.9 million handsets in the second quarter. Nokia Corp. once again led the way, while rival Motorola Inc. held onto second place by aggressively cutting the prices of its phones, the firm said,” Bartash reports.
Bartash reports, “New market entrant Apple Inc., which released its highly anticipated iPhone at the end of June, had a negligible impact. ‘Apple stole the limelight in the quarter with the introduction of its iPhone in North America in the last two days of the quarter,’ Gartner analyst Carolina Milanesi said. ‘But we will only be able to better assess the impact the phone has had in the North America market in the quarters to come.'”
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