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Lots Of People Stopped Buying Phones In 2018

Posted On: Feb 1, 2019   |   Posted By: Know your mobile

Lots Of People Stopped Buying Phones In 2018

Damien McFerran 01/02/2019 - 9:19am
Were you one of them?
If you held off upgrading your phone last year than you contributed to the smartphone industry's first full year of decline.
According to Counterpoint Research, Q4 2018 was the fifth straight quarter of declining smartphone shipments. There was a 7 percent drop in the latest quarter, and the year-long decline was marked at 4 percent. That means that in 2018, the market slumped from 1.56 billion units shipped in 2017 to 1.49 billion. Gulp.
“Consumers held on to their devices longer due to the absence of groundbreaking innovations and higher prices of devices being offered by the OEMs,” said Tarun Pathak, Associate Director at Counterpoint Research.
That's certainly true; 2018 was devoid of really interesting technical improvements, with handset makers instead doubling-down on making bezels smaller and adding more cameras. Consumers voted with their wallets and decided to stick with their current phones, something that was made easier by the fact that...

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