Analysts: Cellphones in decline for first time ever in the US
This has never happened in the US before, it’s always been considered to be a fool-proof market. We think that the transition from regular cellphones to fancy phones with iPhone or Ocean-like capabilities might be partially responsible.
As high-end features become more commonplace, many purchasers are likely holding off on new handsets till they can get the features they want at a price they can afford. Will that happen this year? We don’t know, but we see another revolution in cellphones coming in the next year that could revitalize the now declining market.