Japanese Mobile Market Slowing
It's been a rough week for the wireless industry. First, analysts reiterated a slowdown in the US market based on estimated Q3 numbers, next we read that Europe's wireless market is stagnant. Now we read that even the mighty Japanese mobile market it slowing down. Japanese handset sales are down 20.5 percent from a year ago. Not only are there few new subscribers left, but the slow economy has made people think twice about upgrading handsets. Hopefully we'll see a small pick up in Q4 globally, but the industry is in for a rough ride now that meteoric growth of the last decade is soundly over.
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