Friday, May 20, 2011

Cellphone growth to slow in Q2 2011 due to inventory surplus

Cellphone growth to slow in Q2 2011 due to inventory surplus

According to Garner, a surplus of cellphone inventory will hold back retailers
from ordering more from manufacturers in the second quarter of this year. As the
facts tell us the retailers stocked up after the earthquake and tsunami in Japan
caused fears of shortages. So retailers have inventory levels of about six to
seven weeks [...]

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