Sales of Mobile Phones top One Billion in 2006

Market researcher IDC announced that mobile phone sales topped one billion for all of 2006. Handset vendors shipped a record high 294.9 million mobile phones (20% more than last year) in the last quarter resulting in a year total of 1.02 billion compared to 832.8 million wireless handsets sold in 2005. Nations in emerging market areas of Asia, Central and Eastern Europe, the Middle East, Africa and Latin America accounted for a higher portion of mobile phone purchases last year than mature areas such as the North America, Japan and Western Europe.

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News source: InfoWorld

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There are 6 billion people in the world. Only about 1/3 of them can afford mobile phones, so how on earth could they be selling so many of them? Are people buying one a year? I still have my cell phone from three years ago and I have no plans to buy a new one. The only way that 1 billion could be sold in a year is if people are buying phones more frequently than I am, which makes no sense to me, as once you have a phone, you do not need a new one.

In most of the Europe (and other places as well), phones are a fashion accessory. I know people who switch 2-3 phones per year easily once they get bored of the previous ones.

This is why the CEO of GlobalStar has a $55 million dollar house near my parents house (its 55,000 sq ft.)

Global Star has the technology rights to a little chip that is in every cell phone....

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