Fair 66°
Tag:

Economic Trends

Lifestyle
Drop In Sales Leaves Some Wondering If Smartphone Era Is Ending Drop In Sales Leaves Some Wondering If Smartphone Era Is Ending
Drop In Sales Leaves Some Wondering If Smartphone Era Is Ending Smartphones have been a staple for just over a decade - in fact, the first iPhone debuted 12 years ago.  But smartphone sales are dropping, according to a new report in the Wall Street Journal. Apple CEO Tim Cook recently said that the company expects a lower revenue for the quarter than previously stated. As a result, Apple’s stock experienced a “sharp drop.” The report cites two main factors as the cause of the decline in smartphone sales: the saturation of smartphones in wealthier countries and the increasing costs for the latest models. While it’s not exactly clear where the futu…

SHARE

by Valerie Musson