Smartphones 2024: Can Independent Retailers Get In The Business?

Psst! Hey, you, consumer technology retailer. Wanna sell smartphones?

Yes, smartphones are still the best-selling consumer electronics devices, but the business isn’t exactly booming anymore. U.S. unit smartphone shipments have steadily declined from 140 million units in 2022 to a projected 124 million this year according to Statistica, which projects a further erosion to 106 million units in 2027. “Carriers have cautioned on seeing growth for the next several quarters,” warns Hanish Bhatia, Counterpoint’s associate director of devices and ecosystem.

Read the rest of this story here at TWICE.com.

About Stewart Wolpin

I have been writing about consumer electronics for four decades, including news, reviews, analysis and history for a wide variety of consumer, niche and trade outlets. For the Consumer Technology Association (CTA), I annually update the industry's history and write the official biographies of the CTA Hall of Fame inductees. Aside from writing about consumer technology for a variety of consumer, tech and trade publications, I write a blog and do market research for Digital Technology Consulting. In the non-tech world, I have written "Bums No More: The Championship Season of the 1955 Brooklyn Dodgers" and "The Rules of Neighborhood Poker According to Hoyle." Check out my work at www.stewartwolpin.com.
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