As if you didn’t know, we’re in the midst of an economic depression, so it shouldn’t surprise us to find out that in some countries, like Romania (Eastern Europe), the iPhone 3GS launch had very poor attendance. In fact, there was only one Apple fan(boy) in front of the store for 5 hours and about 20 people present at launch time.
It...
Economic depression has started showing its effects in Asia as well, since just yesterday Japanese electronics group Toshiba announced that it plans on ending the production of mobile phones in Japan, according to Reuters.
The production will end in October and Toshiba will outsource to other countries and manufacturers, in an attempt to cut costs....
As the economic depression affected great phone manufacturers like Sony Ericsson, Motorola and Nokia, other brands continued to sell well. Among those, HTC had a superb third quarter and they managed to get a record revenue of $528.6 million in November. They even threw a party to celebrate this victory.
Wondering why they did so well? Well, mentioning...
The recent economic depression left its mark not only on the average buyer, but also on the companies that seemed to be doing just fine till now. FBR Research claims that Apple might be cutting its iPhone 3G production by 40% in Q4, as people will start spending less while waiting for the economy to get back on track.
We had already heard of a plan...
An analyst report from Friedman Billings Ramsey claims that Apple plans on cutting the iPhone production by more than 40% in the 4th quarter of 2008. This seems to be caused by the number of units produced in Q3, enough to satisfy the demand from Q4.
Another factor for this decrease is the famous economic depression, making buyers spend less and decreasing...