Cellphone sales drop 20%
Recent In-Stat research suggests global handset sales and subscriptions will be significantly lower in 2009 compared the previous year due to the economic downturn. While sales of cellphones are expected to fall by 20.5 percent this year, subscriptions will be less affected at an 8.9 percent growth compared to 19.3 percent increase last year. This is due to people more likely to hang onto their current cellphones longer while retaining their wireless subscriptions.
Digi Music at 40pc by 2012
Direct music downloads should make up a full 40 percent of all music sales in the space of four years, according to a new study by In-Stat. Research by the company suggests a blossoming of online purchases to the point that two out of every five legal music acquisitions in 2012 will have been made for an Internet-sourced copy instead of a physical copy. The anticipated surge is attributed to much more widespread access to high-speed Internet connections as well as a continued preference for single songs over whole albums and digital libraries that more closely match what's available at retail.