[August 28, 2008] Smart Phone Sales May Jump 50% In 2008 Tweet (InvesTrend Via Acquire Media NewsEdge) August 28, 2008 (FinancialWire) Consumers worldwide are expected to purchase as many as 190 million smart phones such as Research in Motion's (NASDAQ: RIMM) Blackberry, Palm's NASDAQ: PALM) (Current Market Cap: US$890.33 Mil.) Treo and Apple's (NASDAQ: AAPL) iPhone, according to a Gartner research report. The change would represent an increase of 52% compared to last year. According to a Gartner researcher smart phones are poised to comprise about 15%, or $65 billion, of the overall 1.28 billion handset market in 2008. Gartner expects smart phone unit sales to reach more than 700 million of the 1.8 billion handset market by 2012, and could represent 65% of the $312 billion total mobile phone market. FinancialWire is a fully independent, proprietary news wire service of Investrend Information (a division of Investrend Communications, Inc.). FinancialWire news is written by professional journalists, dedicated to pure journalistic standards. FinancialWire does not receive or accept any compensation from any individual or subject company (or representative thereof) for its news or opinions. All FinancialWire news is available at http://www.financialwire.net . Please address any inquiries to [email protected] . Free annual reports for companies mentioned in the news are available at http://investrend.ar.wilink.com/?level=279 . (Distributed for Investrend Communications, Inc. via M2 Communications Ltd (www.m2.com)) Copyright ? 2008 M2 Communications Ltd. [ Back To TMCnet.com's Homepage ]