Carphone Warehouse in boost from smartphones
CARPHONE Warehouse said demand for smartphones would help it cope in a muted consumer environment, as it beat quarterly revenue forecasts and hailed a strong debut for its new megastores with US partner Best Buy.
The company, which also owns a 47.5 per cent stake in Virgin Mobile France, is benefiting from surging demand for smartphones with internet access like Apple’s iPhone.
Chief executive of Europe’s biggest independent mobile phone retailer, Roger Taylor said: “It feels like we can continue for the rest of this year and into the first half of next year.”
The company said it had also been boosted by smartphones equipped with Google’s Android technology and Blackberry advances.
The battle for the smartphone market is becoming increasingly fierce.