Monday, November 19. 2007

How Many Phones are "navigation ready?" It's a big number

In this week's issue of Business Week, the magazine reports that;the number of navigation-ready cell phones will hit 162 million this year, or more than seven times the number of such devices sold for use in cars or other nonphone gadgets, says researcher iSuppli." We posted a recent information from Networks in Motion (NIM) that indicated that of the $118 million in sales of downloaded mobile applications, 58% were for LBS apps in Q2 or $68 million. The Business Week article notes that LBS apps accounted for $92 million in Q3 and my sources tell me that Q4 will blow those numbers away.

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