NEW YORK (Reuters) - The global cell phone market should grow at much slower-than-expected rates next year as consumers put off buying new devices due to deepening economic concerns, according to forecasts from...

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The global financial slowdown may cause the cell phone market to grow at a slower rate than expected, according to forecasts from UBS and JPMorgan. Maynard Um, an...
Two analyst firms cut 2009 handset growth forecasts because economic concerns are causing fewer consumers to upgrade their phones. The global financial slowdown may cause the cell phone market to grow at a slower rate than expected, according...

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Analysts are revising their forecasts downward for 2009 global handset sales, citing lengthening phone replacement cycles despite the prevailing thought that cell phones are the last thing consumers will give up in a tough economy, Reuters reports....