Industry Voices—Lowenstein: ‘Peak smartphone’ vs. other phone ‘peaks’
Smartphone unit sales will decline for the first time ever this year, after growing about 16% annually from 2012 through 2017. Even Apple’s stock is off 25%. It appears that we have reached “peak smartphone.” And it’s difficult to envision anything in the pipeline that will spur a new wave of significant growth in unit sales.
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