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  • Clap Your Hands Say Yeah

    • 8 out of 10
    • Clap Your Hands Say Yeah
    • When I first got hooked to Clap Your Hands Say Yeah, the only place I could get their debut album, Clap Your Hands Say Yeah, was through the band's Web site. I listened to the two tracks a

  • One Word Extinguisher

    • 8 out of 10
    • Prefuse 73
    • It's an album about a breakup, done with beats instead of mopey lyrics. But the beats are raw, and the emotions are there, even if there aren't many words on top of it. While possibly not Scott Herren
  • Every Day: The Best of the Verve Years

    • 8 out of 10
    • Joe Williams
    • Joe Williams was Figure Two in my three-man education in singing. A brilliant vocalist, scatter, and interpreter of jazz and blues, Williams produces music that's totally unique, yet sounds so effortl
  • Physical Graffiti

    • 10 out of 10
    • Led Zeppelin
    • This album bears every flavor of genius from the five records that came before. It is, I believe, the band's finest. With Physical Graffiti, Zep came raging back to their musical home territory -- har
  • Bowie at Beeb: Best of BBC Radio 68-72

    • 10 out of 10
    • David Bowie
    • The companion CD to a BBC television concert, BBC Radio Theatre has some of the best renditions of many of Bowie's best songs throughout his career. "I'm Afraid of Americans" is substantial

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Gartner Report Shows Decline in Smartphone Growth Rate

A Gartner report has revealed a slow down in the growth of smartphone sales in the second quarter compared to a year ago. Current economic conditions were cited as the reason.

The report found that while the growth of smartphone sales was 16 percent in the quarter, that was sharply below 55 percent for the same period last year.

"The current economic environment continues to negatively impact the market, limiting consumer spending and replacement purchases in general," Roberta Cozza, principal analyst at Gartner, wrote.

According to Gartner, world wide sales of smartphone reached 32.2 million units in Q2. About 25 percent of those sales were in North America. The total for the year, about 125 million smartphones, represents about 10 percent of all mobile phones sold annually, worldwide, about 1.2 billion.

Smartphones have been one of the fastest-growing tech products as users are more using their smart mobile phone for music, surfing, and e-mail.

Source: Gartner

One reason for the slow growth for Apple in Q2 was that Apple was clearing out inventory in preparation for the launch of the iPhone 3G. In addition, post holiday demand for the (unlockable) iPhone 2G caught Apple by surprise early in the year, and that led to depleted inventories.

AAPL was trading at US$155.83 in afternoon trading, down $4.35 for the day. While MarketWatch drew the conclusion that AAPL was down on Monday due to the Gartner report, there isn’t universal agreement. Shaw Wu with American Technology Research told TMO that he doesn’t believe the Gartner report was the key factor in Monday’s decline in AAPL. Instead, he pointed to the fact that tech stocks were down on general on Monday, there are continuing worries about the macroeconomic situation, uncertainty over Apple’s event scheduled for September 9 and continued concerns over Mr. Jobs’ health.

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