Just as the wireless market gets flooded with new smart phones and wireless devices, the economy has turned south.As a result of the downturn, some forecasters predict wireless customers will spend less on new devices, including an array of sophisticated smart phones such as Apple Inc.’s iPhone 3G, the T-Mobile G1 based on Android software, and the upcoming BlackBerry Storm.

At the same time, wireless customers may start cutting back on their monthly voice and data plan spending, forecasters say, even as AT&T Wireless last week and Verizon Wireless today reported strong third-quarter results in wireless revenues.

Forecasters say wireless carriers, especially AT&T and Verizon, will still see continued revenue growth in voice and data service, albeit at a slower pace. Verizon CEO Ivan Seidenberg even told analysts Monday that the carrier may see reduced consumer and business spending due to the sluggish economy.

Even in hard times, users want their cell phones

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