As per latest figures presented by Gartner, global sales of mobile phones touched almost 428 million units in the third quarter of 2012, thereby registering a 3.1 percent decline from the third quarter of 2011. Gartner found smartphone sales accounting for 39.6 percent of total mobile phone sales, as smartphone sales rose 46.9 percent quarter-on-quarter. Despite the year-on-year decline, Gartner analysts believe there were positive signs for the industry during the third quarter.
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