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Russian smartphone sales fall in Q3

2015-11-23 09:52:00| Telecompaper Headlines

(Telecompaper) Smartphones sales totaled 7 million devices in the third quarter in Russia, down by 5 percent year-on-year, reports Tdaily.ru citing a study from the mobile retail chain Euroset. Sales revenue jumped by 16 percent to RUB 70 billion. The average retail price of a smartphone sold increased by 22 percent to RUB 9,700, the first increase in five years. Sales in units totaled 18 million in January-September, down by 6 percent. The peak of the decline was in March-April. The penetration of Android devices grew to 86 percent. Russian mobile retail chain Svyaznoy said that smartphones sales dropped by 3 percent in volume in the third quarter, while revenues increased by 13 percent.

Tags: sales fall russian smartphone

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