SAF

Damage Report: Nokia Blows Up Mobile Sector

The beneficiaries of this recession will be the telecos. People will let their fingers do the walking and use less energy. They will keep their old phones longer as they are keeping their old cars longer as the incremental improvements are no longer worth the money if you are strapped for cash.

Winners will be the Telcos and as capacity utilization increases the telco equipment providers.

I'd like a new iPhone but my current phone does everything I need (if not everything I want). So I'll hold onto it for a couple more years and endure the hardship of not having a phone that does gestures.