- Mary Meeker’s annual internet trends report is out and it says that 2017 was the first year where smartphone unit shipments didn’t grow. (Read the entire report at Recode.)
- Meeker also notes that the global smartphone ASP is declining despite the high-profile releases of premium phones like the $1,000 iPhone X.
- According to new IDC data, the global smartphone market declined 0.3% last year and will contract again this year before returning to growth in 2019.
- IDC expects smartphone shipments to drop 0.2% this year to 1.5B units but expects a roughly 3% annual growth from 2019 on with shipments reaching 1.7B in 2022 and a five-year CAGR of 2.5%.
- China’s smartphone market dropped 4.9% last year and IDC forecasts a 7.1% drop this year before “flattening out” in 2019.
- Forecasts for shipments and market share by platform: Android (GOOG +0.5%)(GOOGL +0.7%), 1.24M (84.8%; -0.5% Y/Y); iOS (AAPL -0.3%), 221.4M (15.1%; +2.6%); Others, 0.7M (0.1%; -66.8%).
- Previously: Meeker report: Amazon (NASDAQ:AMZN) gains market share, China gains on US (May 30)
- Now read: Can Apple End Its Losing Streak?
Original article