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The Smartphone Sales Slowdown is Real

Earnings experiences from Samsung and Qualcomm on Wednesday recommend a major industrywide slowdown in smartphone gross sales. Samsung’s record is particularly telling, because it additionally makes presentations and different parts for Apple. From a record: The smartphone industry is a surprisingly crowded area, so a slowdown may result in even steeper price battle. That’s a possible momentary boon for shoppers, but could put the hurt on a whole host of technology companies. Samsung’s take: Its written outlook used to be terse and temporary, however damning. Of its personal telephones, it mentioned “[p]rofitability in the mobile business is expected to decline quarter-over-quarter due to stagnant sales of flagship models amid weak demand and an increase in marketing expenses to address the situation.” Similarly, it cautioned of susceptible call for in its show and chip companies, which provide parts for each Samsung and its telephone opponents, together with Apple. Qualcomm’s take: The telephone chip massive additionally predicted a slowdown, reducing its forecast for 3G and 4G smartphones.

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