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 “millennials!!).
But macro climates are gonna macro climate. And these new figures from Canalys feel awfully like numbers from the last several quarters. Q1 2022 saw a 12% year-over-year drop in global smartphone shipments. It’s the fifth straight quarter of decline for the category. So why does something like that warrant a Canalys headline like, “Global smar...
