First-Quarter Cellphone Shipments Plunge; ‘Fastest-Ever Decline’

Now that Motorola (NYSE: MOT), the last of the big five cellphone makers, has reported earnings, we have a better picture of just how hard the economic crisis has hit the global handset market. According to research group Strategy Analytics, which has compiled numbers from the self-reported handset shipments of the top five makers as well as some smaller ones, the first quarter of 2009

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