Published: Fri, February 23, 2018
Hi-Tech | By Preston Stone

Smartphone Sales Tank, First Time Since 2004

Smartphone Sales Tank, First Time Since 2004

At the same time, global sales of smartphones totalled 408 million units in the last quarter of 2017, according to Gartner research, representing a 5.6 per cent decline compared to the previous corresponding year. Handset makers sold almost 408 million smartphones to customers in the fourth quarter, down 5.6 percent from the same period a year ago, the research firm said Thursday.

The market researcher blamed the market contraction on a lack of quality low-priced smartphones, to win over feature phone users, as well as a longer replacement cycle for existing smartphone users, as new models offer few major improvements. As Gartner's Anshul Gupta put it, "High expectations and few incremental benefits during replacement weakened smartphone sales".

Worldwide smartphone sales have dropped for the first time after years of unbroken growth. For instance, while Gartner reports that Samsung took the top spot in the last quarter of 2017, IDC reported that Apple is at the top as well, so we advise you to take these reports with a grain of salt.

Huawei and Xiaomi were the only smartphone vendors to achieve year-on-year unit growth (7.6% and 79% respectively).

The South Korean giant though saw a year-on-year unit decline of 3.6 per cent in the fourth quarter of 2017, but this did not prevent it from defending its top global smartphone vendor position against Apple.

Huawei remained in third place in the global smartphone vendor rankings, taking a 9.8 per cent share in full year 2017 and shrinking the gap with Apple and Samsung. Apple sales fell 5 percent year over year and OPPO sales fell 3.9 percent.

U.S. ends 42-year Olympic cross-country medal drought with incredible photo finish
Randall, who was on edge watching the final lap, said, "I felt like Charlotte Kalla [of Sweden] and I had a screaming match". Five years ago, Team USA won gold in the women's team sprint at the world championships with Diggins and Randall.

Gartner also expects strong demand for the iPhone X to bring a delayed sales boost for the United States company in the first quarter of 2018. Second, component shortages ansd manufacturing capacity constraints preceded a long delivery cycle for the iPhone X, which returned to normal by early December 2017. "The launches of its next flagship devices are likely to boost Samsung's smartphone sales in the first quarter of 2018".

"Future growth opportunities for Huawei will reside in winning market share in emerging APAC and the USA", said Mr. Gupta.

This has prompted growth in the Asia/Pacific (APAC) region, and in particular, China, Indonesia, and India are prompting accelerated sales.

Overall, Gartner says total smartphone sales exceeded 1.5 billion units in 2017 - a year-on-year increase of 2.7 per cent.

"Apple was in a different position this quarter than it was 12 months before", said Gupta.

The smartphone market has been slowing down of late. "Samsung is poised to announce the successors to its Galaxy series of smartphones at Mobile World Congress this year".

Like this: