Strong wireless sales during the recession

Major carriers are reporting strong sales of smartphones and data plans during this recession.  This is great news for the mobile industry, especially since other industries are taking a beating.

Where’s the logic to this growth?  Perhaps with more people electing to stay home instead of spending on lavish vacations, there’s an increasing need for devices that allow them to connect with others. If this is true, look for greater adoption of smartphones like the iPhone, Google Android, and BlackBerry Storm.