It was bound to happen eventually. Global smartphone sales have fallen year-over-year for the first time since 2004. Research firm Gartner reports that industry-wide, sales in the fourth quarter of 2017 dropped 5.6% from the same time period in 2016.
While Samsung and Apple maintained their leads in units sold, both showed declines in year-over-year sales. Samsung's sales decreased by 3.6% for Q4, and Apple dropped a somewhat surprising 5%.
Gartner attributes some of the slowdown in Q4 to the aging of the Galaxy S8 and S8+, with the S9 set to debut at the Mobile World Congress, as well as some confusion over Apple's release of three new models of iPhone and supply shortages for iPhone X.Read More