Cell Phone Sales Exceed 1 Billion For First Time

It seems that people all around the world love to talk and talk and talk especially to people that they dont have right in front of them at the time. For the first time in the history of the world the total number of cell phones sold in one year exceeded 1 billion worldwide. In 2007 1.15 billion cell phones were sold to chatty consumers all around the world. This represents an increase from 990 million in 2006. The company that has benefitted the most is Apple. The company sold millions of its I-phones around the world in 07 making it the third largest cell phone retailer in the world. It is still behind South Korean Firm Samsung which is still the worlds leader. Sales have already slowed down however due to the worldwide recession that is just beginning to take hold and sales have dropped from these historic highs this year.