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Phones aren’t selling well this year says Qualcomm, so Black Friday could be the time to buy

Posted on November 8, 2022August 27, 2023 By bot

You might think that coming out of a pandemic with people out and about once again would push the demand for smartphones to climb, but it seems the opposite is true, as sales could be down 10% or more this year. That’s according to Qualcomm, which in its latest earnings release – as spotted by The Verge (opens in new tab) – predicted that there could be a “low double-digit percentage decline” in handset volume this year, compared to last year. That’s a bigger drop than expected, with the company revising a previous estimate it made of a mid-single-digit percentage decline.
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