Consumer Spending
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Amidst pullback in consumer spending, Motorola survey finds nearly one in four holiday shoppers abandoned planned purchases HOLTSVILLE, N.Y. – January 8, 2009 – While several retailers applied creative marketing approaches to ring holiday sales during today’s challenging economic times, a recent Motorola, Inc. (NYSE: MOT) study found that shoppers left an average of $95 unspent when items th...
submitted by JustAnotherMobilePhoneBlog 1 day ago (via feeds.feedburner.com)
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Last month The Nielsen Company released a year-end look at the most popular trends among Americans during 2008. Included in the release are consumer spending trends across Television, Internet, Movies, DVDs, Music, Mobile, Books and Video Games. The Top Tens show year-to-date results for each media and consumer related category measured by The Nielsen Company. You can access the complete report he...
submitted by MobilePhoneBlog 4 days ago (via feeds.feedburner.com)
2
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Nokia CEO Olli-Pekka Kallasvuo: We Rely On Dominant Position To Weather Crisis In the last few weeks, the global economic slowdown, combined with unprecedented currency volatility, has resulted in a sharp pull back in global consumer spending and because of that, back in Novemeber, the world's largest mobile phone maker issued a profit warning for the fourth quarter after seeing a sharp cutback in spending by consumers on handsets. The Finnish company had already shocke...
submitted by SymbianFreak on 2nd Jan 2009 (via symbian-freak.com)
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Companies SanDisk and Toshiba today announced that their joint venture, located in the Japanese city of Yokkaiti (Yokkaichi) Mie prefecture (Mie), will be lowered from January next year to 30% of the production of NAND flash memory. As state companies, recession in the global economy and the slowdown in consumer spending had a significant impact on the demand of semiconductors. This is
submitted by JustAnotherMobilePhoneBlog on 16th Dec 2008 (via feeds.feedburner.com)
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Best Buy, the USA's biggest consumer electronics retailer, said Tuesday that its third-quarter profit sank 77 percent as it faced dramatic changes in consumer spending.
submitted by CellularNews on 16th Dec 2008 (via feeds.feedburner.com)
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Large inventories and huge cuts in consumer spending fuel uncertainty in the mobile phone market predictions for next year.
submitted by MobileTechNews on 16th Dec 2008 (via mobiletechnews.com)
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Nintendo console unaffected by consumer spending slowdown as it claims historic achievement. Mobile Entertainment is the leading community site for all professionals working within the international mobile content industry. We bring you the latest news, views and analysis from this fast moving entertainment sector, complementing our flagship monthly printed magazine and specialist events.
submitted by MobileEntertainment on 11th Dec 2008 (via feeds.feedburner.com)
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BARCELONA/SEOUL (Reuters) - Cell phone makers LG Electronics and Research in Motion warned on sales and profit growth on Wednesday, the latest sign a consumer spending spree on expensive gadgets has dried up amid economic gloom. The world's fifth-largest handset maker LG said its sales growth would slow sharply next year, while Blackberry-maker RIM, No. 6, cuts its third-quarter sales and profit
submitted by JustAnotherMobilePhoneBlog on 8th Dec 2008 (via feeds.feedburner.com)
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It looks like web browsing from mobile phones is going to increase.  According to the Strategy Analytics Wireless Media Strategies service report, "Mobile Internet Forecast Update 2001-2013," demand for popular content and services on the web, such as social networks, email, and news sites, while away from fixed internet connections, will drive consumer spending on mobile web access products ...
submitted by WirelessAndMobileNews on 5th Dec 2008 (via wirelessandmobilenews.com)
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At its annual Capital Markets Day event Thursday, handset giant Nokia lowered its fourth quarter forecast for mobile device industry volumes and outlined its overall expectations for the months ahead, anticipating the Internet services market will generate significantly lower revenues than originally expected. Citing the effects of worldwide consumer spending reductions, currency volatility and dw...
submitted by FierceMobileContent on 5th Dec 2008 (via fiercemobilecontent.com)


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