To be honest, I can’t say that I am all that surprised. I mean, how long can the profits keep rolling in, right?

Due to slowing growth and falling prices, global mobile-phone market revenue is expected to decline in 2006, and will not recover to the peak level of 2005 until 2009, predicts market research firm iSuppli.
iSuppli (El Segundo, Calif.) projects that global revenue from mobile phone production will decline to $109.7 billion in 2006, down 4.7 percent from $115.1 billion in 2005, which represented the historic high for the market. Revenue will grow by single-digit percentages, recovering to its 2005 level of $115.1 billion by 2009. [Read the rest]