Mobile phone sales declined across the globe by 1.7 percent last year, according to Gartner.
The research firm's latest report suggests that difficult economic conditions, shifting consumer interest, and intense market competition resulted in a worldwide drop in sales, which had not declined since 2009.
Worldwide sales reached a total of 1.75 billion units in 2012, a 1.7 percent slump from 2011. However, record sales of 207.7 million smartphones in the fourth quarter of 2012 -- a 38.3 percent hike year over year -- helped drive up the overall figure.
Demand for feature phones … Read more