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53°
Friday, nov 15
Tag:
Smartphone Sales
Lifestyle
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…
Business
All-Time High: Black Friday Online Sales Soar To $6.2 Billion
This year’s Black Friday holiday shopping spree has topped last year’s numbers, according to a new report from Adobe Analytics. The day after Thanksgiving, Friday, Nov. 23, 2018, has officially become the first day in history that saw more than $2 billion in sales that were made on smartphones as opposed to laptop or brick-and-mortar sales. This large spike in smartphone-based Black Friday sales can be attributed to multiple factors, but it’s certainly a careful and calculated goal from major retailers. "Retailers have done their part to build better mobile experiences for consumers and tu…