Spending on Mobile Phone Surpasses Residential Phone Services (CircleID)
Recent statistics from the Bureau of Labor Statistics’ Consumer Expenditure Survey has shown that American have been increasingly spending on mobile phones from 2001 through 2007. BLS data indicates cellular phone expenditures surpassed spending on residential landline phone services beginning in 2007.
Source: www.circleid.com
Shoppers who use mobile phones in a store are 6% more likely to buy (InternetRetailer.com)
29% of U.S. consumers have used a mobile phone while shopping in a retail store, new research shows. And shoppers who use a mobile phone in a store are 6% more likely than those who have not to buy something in the store, according to the ForeSee Results study Mobile Apps: The Next Big Thing.
Source: www.internetretailer.com
Mobile phone giants dial up entertainment in growth bid: analysts (AFP via Yahoo! News)
Mobile phone giants are going beyond their traditional role as handset makers by offering entertainment and lifestyle content to help grow revenues amid tough competition, analysts say.
Source: news.yahoo.com
