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{"id":29331,"date":"2023-04-18T21:53:42","date_gmt":"2023-04-18T21:53:42","guid":{"rendered":"https:\/\/scienceandnerds.com\/2023\/04\/18\/a-12-decline-in-global-smartphone-shipments-is-what-passes-for-stability-these-days\/"},"modified":"2023-04-18T21:53:43","modified_gmt":"2023-04-18T21:53:43","slug":"a-12-decline-in-global-smartphone-shipments-is-what-passes-for-stability-these-days","status":"publish","type":"post","link":"https:\/\/scienceandnerds.com\/2023\/04\/18\/a-12-decline-in-global-smartphone-shipments-is-what-passes-for-stability-these-days\/","title":{"rendered":"A 12% decline in global smartphone shipments is what passes for stability these days"},"content":{"rendered":"

Source:https:\/\/techcrunch.com\/2023\/04\/18\/a-12-decline-in-global-smartphone-shipments-is-what-passes-for-stability-these-days\/<\/a><\/br>
\nA 12% decline in global smartphone shipments is what passes for stability these days<\/br>
\n2023-04-18 21:53:42<\/br><\/p>\n

\n

At a certain point, the market will, indeed, stabilize. It has to. Demand for new smartphones has been consistently down for some time now, but the phones themselves are, obviously, here to stay. This is how we arrive at surveys that suggest people would give up shampooing or lose a finger rather than go without a handset (shakes fist \u201cmillennials!!<\/a>).<\/p>\n

But macro climates are gonna macro climate. And these new figures from Canalys<\/a> feel awfully like numbers from the last several quarters. Q1 2022 saw a 12% year-over-year drop in global smartphone shipments. It\u2019s the fifth straight quarter of decline for the category. So why does something like that warrant a Canalys headline like, \u201cGlobal smartphone market shows signs of stability with a 12% decline in Q1 2023\u201d?<\/p>\n

\u201cStability\u201d is, of course, a relative thing. Perhaps there\u2019s a sense in which continued decline is stable \u2014 or at very least predictable. But that\u2019s not what the firm is talking about here. Instead, it\u2019s signals in the noise that point to some reason to be hopeful.<\/p>\n

\u201cHowever, we have noticed some signs of moderation in the continued decline,\u201d says analyst Toby Zhu. \u201cThere have been improvements in demand for certain smartphone products and price bands. Furthermore, some smartphone vendors are becoming more active in production planning and ordering components. Canalys predicts that the inventory of the smartphone industry, irrespective of channel or vendor, can reach a relatively healthy level by the end of the second quarter of 2023.\u201d<\/p>\n

\"\"<\/p>\n

Image Credits:<\/strong> Canalys<\/p>\n<\/div>\n

Stability here means that, assuming a lot more things don\u2019t suddenly go sideways for the world (not a bet I\u2019d necessarily be willing to make at this point), things could start turning around for the market as soon as the end of this quarter. Embracing my tendency to embrace cheery optimism, I\u2019ll point out that things have had a tendency to pile up lately. Declines pre-dated the pandemic and were ultimately accelerated by it. Then there were supply chain issues and then macroeconomic struggles. Knock-on effects upon knock-on effects.<\/p>\n

From where I sit, here\u2019s the primary reason to be positive: phones are commodities now. Sooner or later, people are going to need to upgrade. Phone manufacturers haven\u2019t done a great job priming that pump \u2014 and the industry has yet to agree on a 6G standard \u2014 but at a certain point, devices slow down, batteries stop holding their charge and the time comes to buy a new one.<\/p>\n

We\u2019re three years into this global pandemic, and that time is probably right over the horizon for a lot of folks who have been holding off for various reasons. I suspect Apple having its hand forced on USB-C adoption will ultimately have a positive impact on iPhone 14 sales, as well. This time out, however, Apple hit second, at 21% of the market to Samsung\u2019s 22. Xiaomi, Oppo and Vivo rounded out the top five.<\/p>\n<\/p><\/div>\n

<\/br><\/br><\/br><\/p>\n

Science, Tech, Technology<\/br>
\n<\/br>
\nSource:
https:\/\/techcrunch.com\/2023\/04\/18\/a-12-decline-in-global-smartphone-shipments-is-what-passes-for-stability-these-days\/<\/a><\/br><\/br><\/p>\n","protected":false},"excerpt":{"rendered":"

Source:https:\/\/techcrunch.com\/2023\/04\/18\/a-12-decline-in-global-smartphone-shipments-is-what-passes-for-stability-these-days\/ A 12% decline in global smartphone shipments is what passes for stability these days 2023-04-18 21:53:42 At a certain point, the market will, indeed, stabilize. It has to. Demand for new smartphones has been consistently down for some time now, but the phones themselves are, obviously, here to stay. 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