U.S. cell phone sales take a dip
Sales of cell phones in the U.S. declined during the first quarter of 2008, as the maturing market was hit by a slowing U.S. economy.
Nearly 31 million handsets were sold in the U.S. during the first quarter of this year, down 22 percent from the same period a year ago, according to the NPD Group. Sales of mobile handsets generated $2.7 billion, down from $2.9 billion for the same period a year ago.
This is the first time since the NPD Group started tracking mobile handset sales in 2005 that it a saw a … Read more