Cut in demand for mobile sets in Iran

Lack of purchasing power is the main factor behind the recession since there are now various mobile sets with different average prices.Famous brands such as Nokia, Sony Ericsson, Samsung and LG are currently experiencing sluggish days.The over-supply and lack of demand for mobile sets has resulted in cut in mobile prices.The offer of new models …

Lack of purchasing power is the main factor behind the recession since there are now various mobile sets with different average prices.
Famous brands such as Nokia, Sony Ericsson, Samsung and LG are currently experiencing sluggish days.
The over-supply and lack of demand for mobile sets has resulted in cut in mobile prices.
The offer of new models by famous brands such as Nokia and Sony Ericsson has not been able to raise the demand for such brands.
Expensive mobile sets such as iPhone have also been hit by recession.
However, mobile sets in the $50-150 price range seem to fare better compared to other sets
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