2007 was a dramatic year in the handset market, according to Martin Garner, with the collapse of Motorola, the dominance of Nokia becoming increasingly evident, the arrival of the iPhone and the announcement of Google’s Android. In the year, volumes shipped exceeded 1 billion units for the first time, but revenues for the ‘big five’ vendors fell by 2%. Overall profits improved, in spite of Motorola turning in a thumping $1.2 billion loss. The vendor landscape changed a lot in 2007 and will continue to reshape in 2008.