MobileNest

According to research published by Gartner, worldwide phone sales increased by 21.5 percent in the third quarter. Total sales amounted to 251 million units sold. The large jump in sales is correlated to the strong growth of China and India.

Based on these findings Gartner increased mobile-phone sales forecast for the year to 986 million units sold worldwide. The new forecast sets the fourth quarter expectations to 281 million units sold.

“Although sales of replacement handsets during the third quarter, in the more mature markets were not as buoyant as we have been accustomed to they were offset by continuing momentum in sales to first-time buyers in emerging markets,” said Carolina Milanesi, principal analyst for mobile terminals research at Gartner.

Mobile phone sales up 21.5% in third quarter: Gartner [MarketWatch]