Strategy Analytics Sees Stabilizing Handset Markets
STOCKHOLM (Dow Jones)--Global telephone handset shipments totaled 273 million units in the second quarter, down 8% from a year earlier, Strategy Analytics said in a report Thursday, but added there are signs of a market recovery.
"We forecast that positive growth will return in Q1 2010," Strategy Analytics Wireless Director Neil Mawston told Dow Jones Newswires. "It does look like there is a gradual, incremental improvement in the market taking place now."
The rate of shipment volume decline slowed in the second quarter from the 14% year-on-year slump in the first quarter of the year, the research firm said.
"We believe the relative upturn in the global handset market has been driven by improved consumer confidence in some regions, such as China, and by partial restocking of some retailers' depleted supplies," it said.
"These factors indicate to us that the global market is showing signs of stabilization and the worst of the handset recession may be behind us," it added.
Strategy Analytics forecast 290 million handsets to be shipped worldwide in the third quarter 2009, for an annual decline of 5%.
"By the time of the 2009 Western holiday season, top-five laggards Motorola and Sony Ericsson will have brought a number of new devices to market, and aggressive promotional campaigns from other vendors and operators should spark renewed interest among consumers," it said.
Market leader Nokia Corp's (NOK) market share fell to 37.8% from 41% in the previous year, as shipments declined in all regions except China, Strategy Analytics said. Still, it said the company's sales of smartphones such as the 5800 and E71 were relatively healthy.
Global research shows recession depression slowly fading
KUALA LUMPUR — Leading global market research firm Synovate today released its latest global survey results on the economy, finding that people are slowly becoming more optimistic.
Synovate surveyed more than 17,300 people across 26 markets and found that people are regaining their positive outlook on the economy, becoming more optimistic for themselves and their country’s economy.
While the recession has cut a swathe through economies across the world, it has damaged some more than others - and changed people’s mindsets and habits in some places far more than others.
Synovate’s Global Director of Knowledge Management and Insights, Mike Sherman, said some people remain mired in gloom; some are just seeing an impact from the recession and others are over it... if not in their wallets, certainly in their minds.
"This global survey is useful for seeing overall trends and getting a sense of how people are feeling right now in individual markets. For an overall picture, we compared results from the 17 markets¹* that conducted the same survey in May 2009 and November 2008 and we see growing optimism across the world... or at least the slow abandonment of pessimism"
KUALA LUMPUR — Leading global market research firm Synovate today released its latest global survey results on the economy, finding that people are slowly becoming more optimistic.
Synovate surveyed more than 17,300 people across 26 markets and found that people are regaining their positive outlook on the economy, becoming more optimistic for themselves and their country’s economy.
While the recession has cut a swathe through economies across the world, it has damaged some more than others - and changed people’s mindsets and habits in some places far more than others.
Synovate’s Global Director of Knowledge Management and Insights, Mike Sherman, said some people remain mired in gloom; some are just seeing an impact from the recession and others are over it... if not in their wallets, certainly in their minds.
"This global survey is useful for seeing overall trends and getting a sense of how people are feeling right now in individual markets. For an overall picture, we compared results from the 17 markets¹* that conducted the same survey in May 2009 and November 2008 and we see growing optimism across the world... or at least the slow abandonment of pessimism"
Global stock market rally falters
LONDON — A global stock market rally faltered on Tuesday as European stocks fell on profit-taking, despite Tokyo striking a 10-month high on global economic optimism and company earnings news.
Japanese shares gained 0.22 percent to reach the multi-month pinnacle after Wall Street had also soared to a 2009 record on a wave of investor enthusiasm over the global economic outlook.
But Europe's main equity markets fell into the red in Tuesday morning deals after striking their highest points so far this year on Monday.
"There has been some profit-taking, but the main trend is still positive so this could be the market taking a breather," said ETX Capital trader Manoj Ladwa.
Frankfurt sank 0.86 percent, London dropped 0.78 percent and Paris dived 0.69 percent. All three had each gained about 1.5 percent in value the previous day on a wave of investor enthusiasm.
"Continued talk of economic recovery and the plethora of better than expected economic readings are showing that at worst we are nearing the bottom of this recession," added CMC Markets analyst James Hughes.
"Many are of the opinion that the turnaround is well underway and one thing that will show us that will be the (US) jobs report on Friday."
LONDON — A global stock market rally faltered on Tuesday as European stocks fell on profit-taking, despite Tokyo striking a 10-month high on global economic optimism and company earnings news.
Japanese shares gained 0.22 percent to reach the multi-month pinnacle after Wall Street had also soared to a 2009 record on a wave of investor enthusiasm over the global economic outlook.
But Europe's main equity markets fell into the red in Tuesday morning deals after striking their highest points so far this year on Monday.
"There has been some profit-taking, but the main trend is still positive so this could be the market taking a breather," said ETX Capital trader Manoj Ladwa.
Frankfurt sank 0.86 percent, London dropped 0.78 percent and Paris dived 0.69 percent. All three had each gained about 1.5 percent in value the previous day on a wave of investor enthusiasm.
"Continued talk of economic recovery and the plethora of better than expected economic readings are showing that at worst we are nearing the bottom of this recession," added CMC Markets analyst James Hughes.
"Many are of the opinion that the turnaround is well underway and one thing that will show us that will be the (US) jobs report on Friday."
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