Mobile Phones Sub-Industry

Current opinion: Mildly Bearish

Bullish Arguments: Currently None

Bearish Arguments: 

• Ericsson's Cowen recently spoke of continuing deterioration in the handset market 
• Reuters: Nokia sees mobile phone sales shrinking faster & Nokia sees 2009 handset market down 5 percent or more
• Reuters: Smartphone sales growth slowed in Q3: Gartner
• Reuters: Cutting costs but still want a fancy phone?: The article talks about why consumers are holding back and how the price tag of many phones is coming down.

Current Analysis: Currently None

Additional Relevant Articles: Currently None