“An early chill has come to the mobile phone sector,” Scott Moritz reports for TheStreet.
“The biggest season for phone sales is just around the corner, and a heaping buffet of beefy Google Androids and an enticing Apple iPhone or two await,” Moritz reports. “But the bountiful supply might not go with what appears to be a shrinking appetite among consumers.”
Moritz reports, “Here are a few recent warning signs… The Motorola Bionic launched Thursday at Verizon to a very soggy reception. Texas Instruments — one of the world’s largest mobile chip suppliers — slashed its sales guidance by nearly 10% Thursday… ‘We doubt that even smartphones will be spared if consumer demand does falls off rapidly as an increasing number of electronics manufacturers seem to believe,’ JPMorgan analyst Rod Hall wrote in a note Friday.”
“A slowdown in phone sales, however, isn’t likely to be applied evenly across the broad field of competitors,” Moritz reports. “With its new iPhone 5 and a stripped-down iPhone 4 potentially on its way this month or next, Apple will likely have its own sales party completely detached from the woes of less popular phone makers.”
Read more in the full article here.
[Thanks to MacDailyNews Readers “David E.” and “GetMeOnTop” for the heads up.]