← Back to the wire

Smartphone Shipments Crash 22% in Worst Quarter Ever, IDC Says

Macro·2 articles across 2 outlets

Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data

The smartphone market suffered its worst decline on record in the September quarter, after rising memory costs pushed shipments down 22% with worse to come, according to market researcher IDC.

This significant drop highlights ongoing challenges in the industry, as manufacturers grapple with increasing costs and declining demand.

IDC

Sources

Every quote below is verbatim from the article it is attributed to.

SourceReports the news
Data is provided for informational purposes only and does not constitute investment advice. Past performance is not indicative of future results.