Gross sales of smartphones continued to shrink globally within the recently-ended quarter as shoppers watched spending, market tracker Counterpoint reported on Monday.
Smartphone gross sales fell 8 p.c, marking the ninth consecutive quarter of decline in year-over-year comparisons, in response to analysis by Counterpoint’s Market Pulse service.
The decline…
Gross sales of smartphones continued to shrink globally within the recently-ended quarter as shoppers watched spending, market tracker Counterpoint reported on Monday.
Smartphone gross sales fell 8 p.c, marking the ninth consecutive quarter of decline in year-over-year comparisons, in response to analysis by Counterpoint’s Market Pulse service.
The decline was “largely because of slower than anticipated restoration in shopper demand,” the group stated in its findings.
However robust September gross sales together with buzz round Apple’s new iPhone 15 line-up have been indicators the present quarter might break the shedding development, in response to the market tracker.
“Nevertheless, the market is anticipated to say no for the complete yr of 2023, reaching its lowest stage within the decade largely because of a shift in gadget alternative patterns, notably in developed markets,” Counterpoint stated.
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South Korean shopper electronics big Samsung continued to steer the smartphone market, accounting for a fifth of the gross sales within the recently-ended quarter.
Apple was listed as second with 16 p.c of the market with iPhone 15 fashions nicely acquired thus far.
