Apple, Samsung Face Slowing Smartphone Sales

By | February 14, 2014

Scalper1 News

The smartphone, like every other tech gadget before it, is maturing into commodity status. Growth is slowing and shifting from high-end sales in the U.S. and Europe to less profitable low-end handsets in emerging markets. The shift has prodded analysts to lower their outlook on Apple (AAPL) and Samsung. Both companies’ December-quarter smartphone sales missed expectations. “The smartphone is no longer an emerging technology,” said Jack Gold, an Scalper1 News

Scalper1 News