iPhone, iPad and smartphones drive mobile accessories and devices etailer’s recovery from 2009 recession
Birmingham, 23rd August 2010 – The UK’s leading Internet retailer for Everything Mobile, Mobile Fun, today announced renewed sales growth and a healthy return to profit for the year ending 31st March 2010. Following increased order volumes, the company has posted sales of over £7 million (a 15% revenue increase from 2009), with profits before tax of over half a million pounds (compared with a loss of £17,000 in 2009).
Mobile Fun attributes its success to how it has capitalised on the growing demand for accessories for new mobile handsets and touch screen devices including the iPad, iPhone and Google Android-powered mobile phones.
Figures were also boosted by strong sales growth from the now profitable German MobileFun.de website, which opened in 2008 and now manages approximately 2,000 orders per month.
GearZap.com, the company’s iPad, netbook and laptop accessories website experienced a strong first year and attracted customers with its leading range of products and rapid delivery service. GearZap.com has experienced strong sales figures in its first year, taking over 1,000 orders per month during the busy Christmas period. Further growth is planned during the next 12 months, as the website adds new products and launches new ranges for the iPad and other mobile internet devices.
“The year’s results bear testimony to the fact that Mobile Fun is entering a new phase of profitable growth. Our strong customer proposition and leading market position has enabled the management team to capitalise quickly on exciting technology led market opportunities to deliver a robust set of results.
Looking to the year ahead, we expect the market to produce even more exciting mobile devices – with the iPad and iPhone setting the standard for others to beat. Whichever devices are successful, Mobile Fun is positioned perfectly to provide a leading range of accessories and we anticipate a strong year ahead,” said Anthony Cook, Founder and Chairman at Mobile Fun.
“Mobile Fun plans to leverage its global supply chain and online marketing expertise to take advantage of new mobile device releases ahead of the competition; when coupled with the prospect of strong growth in European exports, 2011 is promising to be the best year yet for Mobile Fun,” he concluded.
Mobile Fun currently ships to 21 European countries and has recently built on its overseas successes by adding a German website, MobileFun.de to its European web presence.
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About Mobile Fun
Mobile Fun is the UK’s leading Internet retailer for Everything Mobile – offering a market leading range of accessories for mobile phones and other mobile devices from its www.mobilefun.co.uk website. With a product range of over 7,000 globally-sourced mobile accessories and tens of thousands of mobile downloads available on its website, Mobile Fun has successfully established a market-leading position within the competitive mobile sector.
Mobile Fun has offices in the UK, Germany and France and delivers products to 21 European countries.
Mobile Fun was ranked as the UK’s 7th Fastest Growing Technology Based Company in the Sunday Times 2006 Microsoft Tech Track 100.
For media information, please contact Ranbir Sahota, Vitis PR, 0121 242 8048, ranbir@vitispr.com