phones may be hitting the global smartphone market , as Apple 's string of unstoppable sales growth appears to be coming to an end . Although the electronics giant has expanded into other areas , its fortunes are still closely tied to the iPhone , which is responsible for two - thirds of its sales and most of its profit . Disappointing results from Apple phones will reinforce beliefs that we are suffering from phone shortages and new phones no longer excite us . Indeed , some analysts believe that phones will be replaced by artificial intelligence in the next five years .
Fatigue may be hitting the global smartphone market, as Apple's era of unstoppable sales growth appears to be coming to an end. Although the electronics giant has expanded into other areas, its fortunes are still closely tied to the iPhone, which is responsible for two-thirds of its sales and most of its profit. Disappointing results from Apple today will reaffirm beliefs that we are suffering from phone fatigue and new phones no longer excite us. Indeed, some experts believe that smartphones will be replaced by artificial intelligence in the next five years.