Two out of five Americans with contract-based cell phones (39% or 60.3 mln consumers) are likely to cut back on their cell phones to save money if, as is widely expected, the economy gets worse over the next six months, according to Opinion Research Corporation (ORC) for the New Millennium Research Council (NMRC).
26% of consumers with contract-based cell phone service are more inclined today than 6 months ago to look at a way to save money on their cell phone bill, such as by switching to prepaid phone plans and services. This group includes 38% of those in households making $35,000 a year or less, 32% of African Americans and 30% of those aged 18-34. A total of 19 mln Americans have considered cutting back (5%) or actually have cut back (15%) on such features in the last six months because of actual job loss, fear of job loss, the recession, or any other related financial concerns. More than two out of five cell phone users with extras on their phones (41%) say it is very (19%) or somewhat (21%) likely that they will cut back on cell phone extras if the economy gets worse in the next six months. Fewer than two in five (39%) say it is not likely at all that they will make such cuts in the face of a deepening recession.
Over 40% of young adult US households view Internet video on the TV at least once per month, In-Stat found. Revenue from Web-to-TV streaming services will grow to $2.9 bln in 2013. Within five years, the number of US broadband households viewing Web-to-TV content will grow to 24 mln. Already, 29% of US 25 to 34 year olds with game consoles use the devices to watch streaming video off the Internet. In five years, there will be 7.4 mln US broadband households that use media center PCs for streaming Web-to-TV content.
Based on US consumer sales of smartphone handsets in NPD’s report, Q1 2009 ranking of the top-five best-selling smartphones is as follows:
- RIM BlackBerry Curve (all 83XX models)
- Apple iPhone 3G (all models)
- RIM BlackBerry Storm
- RIM BlackBerry Pearl (all models, except flip)
- T-Mobile G1
Worldwide sales of semiconductors were $14.7 bln in March 2009, a gain of 3.3% from the prior month when sales were $14.2 bln, the Semiconductor Industry Association (SIA) reported. Sales for Q1 2009 amounted to $44.0 bln, a 29.9% decline from Q1 2008 when sales were $62.8 bln. Sales declined by 15.7% from the Q4 2008 when sales were $52.2 bln.
58% of online consumers currently own a mobile phone capable of connecting to the Web. Of the online consumers with Web-enabled phones, 21% own a smartphone, 8% own an iPhone(TM), and 29% own another type of Web-enabled phone. 42% of PriceGrabber survey respondents said they own a non-Web-enabled phone capable of using voice and text service plans only. iPhone, released on June 29, 2007, jump-started mainstream smartphone adoption, with 75% more online consumers purchasing their first Web-enabled phone in 2007 compared with 2006. Despite the economic climate, 8% of online consumers purchased their first Web-enabled phone in Q1 2009.
10% of online consumers said they purchase online from their mobile device, 16% compare prices and another 16% research product details/specifications. Of the online consumers making purchases from their mobile phones, 58% have purchased digital content for their phone, 51% have purchased consumer electronics, 37% have purchased computers, 36% have purchased books, and 31% have purchased clothing. Smartphone and iPhone owners are comfortable using the mobile Internet to make purchases. 56% of Apple iPhone owners and 28% of smartphone owners already are comparing prices online with their mobile phones. Additionally, 27% of iPhone owners and 35% of smartphone owners anticipate that they will be comparing prices within two years.
Despite global digital sales growing 24.1 % to $3.78 bln and performance income by 16.2% in 2008, European music sales finished down 8.3% at $18.4 bln after a 15.4% collapse in physical sales.
Indian mobile operators added a record 15.64 mln customers in March 2009, Telecom Regulatory Authority of India said. The mobile subscriber base in India rose by 50%, or more than 130 mln, to 391.8 mln.
US venture capital investments sank 61% in Q1 2009, dropping to the lowest level in 12 years. VC investments totaled $3 bln in Q1 2009, according to PriceWaterhouseCoopers, the National Venture Capital Association and Thomson Reuters. In Q1 2008, investments totaled $7.74 bln. This is the lowest quarterly level of venture investments since Q1 1997, when they totaled $2.96 bln.
About 9 mln high-definition units sold in the US in Q1 2009, up from the 4.8 mln that sold during Q1 2008, according to Adams Media Research. There are now 10.5 mln Blu-ray households, encompassing owners of both Blu-ray set-tops and Blu-ray-enabled PlayStation 3s.
Barclays Capital projects US newspaper advertising will decline 22% in 2009 and another 10% in 2010.