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Everyone already has a cell phone
Cell phone sales dropped in this country for the first time in several years, according to a couple of new studies. The biggest decline was seen among low and middle-income buyers. They appear to be holding onto their old handsets longer. The high end of the market is still growing, as more affluent buyers upgrade to newer phones with more features. Another possible reason for the drop in sales: the U.S. market is nearing saturation. Over 80 percent of Americans now own a cell phone.
Posted on May 20, 2008 5:53 AM PT | Permalink
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