2018 was the 'worst year ever' for smartphone shipments

2018 was "the worst year ever for smartphone shipments," according to the research firm IDC.

Total shipments fell by 4.1 percent compared to 2017, as both Apple and Samsung struggled to drum up strong sales for their products, IDC reported on Wednesday. (The year before, annual growth in the smartphone sector was pretty much flat.)

"Globally the smartphone market is a mess right now," IDC analyst Ryan Reith said in a statement. "Outside of a handful of high-growth markets like India, Indonesia, Korea, and Vietnam, we did not see a lot of positive activity in 2018."

So why the shipment drop? According to IDC, people are holding off upgrading to the newest phones like they used to. Many consumers also have gripes with the rising prices. Read more...

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