MobileNest

According to the story written by Allied Business Intelligence about a study performed by Qpass, mobile and music industries lost estimated $40 million to ringtones shoplifters since the begiening of 2004. The number is expected to explode to $123 million by the end of the 2007.

According to predictions by Gartner research firm, mobile phone usage will be as high as 2.6 billion around the world by the end of 2009. 779 million mobile handsets are expected to be sold this year. Sales of smartphones will grow at the fastest pace; 50 million units are expected to be sold this year [...]