Are the cell phone industry’s best days behind it?
That’s the question raised in a thought-provoking story in the New York Times today. “The challenge is both simple and daunting: how to expand when more than half of the 6 billion people on the planet already have phones. And even in developing countries where there are underserved markets, subscribers spend less on phones and services.”
The newspaper riffed on disappointing financial news this week from Motorola.
Radio industry execs are accustomed to using cell phones and iPods as shorthand references to describe competition from new media and they have aimed in the past year to push consumer electronics manufacturers to add or activate FM receiver chips in such devices.