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Opportunity - Make Money Collecting Cell Phones

 By Conrad Melancon

If you have ever thought about earning money by collecting and selling old cell phones there has never been a better time to get started that right now.

The overall market has grown by some 30 million users since the beginning of the year and the phones are getting more technologically advanced. More and more smart phones are being purchased by consumers and this means that a larger number of phones on the market are likely to hold a higher value for a longer period of time.
According to The NPD Group: Year-Over-Year U.S. Mobile Phone Sales Revenue Increased 47 Percent in Third Quarter 2007. U.S. smartphone sales increased 163 percent year over year
Mobile phone sales to consumers in the U.S. reached 38 million units in the third quarter of 2007. This number represents an increase of nearly 16 percent compared to unit sales figures from the previous quarter; however, the second quarter is traditionally a slow sales quarter for mobile phone retailers.
NPD estimates total third quarter 2007 consumer sales of $3.2 billion, which is a 47 percent increase since the same period one year ago. The percentage of smartphones sold during the third quarter increased from 4 percent of all
phone sales in the third quarter of 2006 to 11 percent during the same timeframe in 2007 - an increase of 163 percent year over year.
"The mobile phone market is not only growing, it is growing smarter," said Ross Rubin, director of industry analysis for NPD. "The nearly threefold increase in smartphones shows that this once negligible niche is becoming a more influential force in the consumer market — attracting entrants such as Apple and the Open Handset Alliance."
Many of the most popular handset features also became more common in new phones sold. In the third quarter, 72 percent of phones were sold with Bluetooth capability, which is an increase of 44 percent since the third quarter of 2006. Fifty percent of new phones were able to play music in the third quarter of 2007 (double the prior year) and 11 percent were smartphones.

[Posted: December 13th, 2007 in Recycle Cell Phones for Profit | 1,019 Views]
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