Thursday, July 30, 2009

GPS Phone Sales Seen Rising - Strategy Analytics

STOCKHOLM (Dow Jones)--GPS smartphone sales are expected to grow rapidly in the current year, driven by improved applications and strong consumer acceptance of navigation devices, Strategy Analytics said Wednesday.

Shipments of GPS smartphones, like Nokia Corp.'s (NOK) N97 and Apple Inc.'s (AAPL) iPhone, are seen increasing 34% to 77 million units in 2009 from 2008, the research firm said.

"GPS smartphones...are a high-growth segment that continues to expand even during the current, tough economic times," said Strategy Analytics Navigation Director Joanne Blight.


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