advertisement
advertisement

The global smartphone market has declined for the first time in history

By now you’ve heard that last quarter Apple saw its first-ever decline in iPhone sales, but a new research note from analyst Strategy Analytics suggests the Cupertino company isn’t alone: from Q1 2015 to Q1 2016 the global smartphone market shrunk by 3%—the first time this has happened since 1996, when the original BlackBerry went … Continue reading “The global smartphone market has declined for the first time in history”

advertisement
advertisement

By now you’ve heard that last quarter Apple saw its first-ever decline in iPhone sales, but a new research note from analyst Strategy Analytics suggests the Cupertino company isn’t alone: from Q1 2015 to Q1 2016 the global smartphone market shrunk by 3%—the first time this has happened since 1996, when the original BlackBerry went on sale. As TechCrunch reports, Strategy Analytics pegs the decline to two factors: “increased penetration maturity” in major markets including the U.S. and China, and increasingly cautious consumers who are worried about the future of the global economy.

advertisement

About the author

Michael Grothaus is a novelist, journalist, and former screenwriter. His debut novel EPIPHANY JONES is out now from Orenda Books. You can read more about him at MichaelGrothaus.com

More