Meanwhile, Apple subsisted on raising the average price of the iPhone and selling customers newer models with four-digit price tags. Major US carriers AT&T and Verizon have reported a continued slowdown in users upgrading phones. The report also found that the number of people who upgraded their phones from Android to iOS 8 has fallen by more than half since last year. Analysts said increasingly expensive and iterative new hardware drove the slump, but manufacturers including Apple and Samsung could see revenues rebound with 5G and innovative foldable technology.
Major US carriers AT&T and Verizon have reported a continued slowdown in users upgrading phones. The report also found that the number of people who upgraded their phones from Android to iOS 8 has fallen by more than half since last year. Analysts said increasingly expensive and iterative new hardware drove the slump, but manufacturers including Apple and Samsung could see revenues rebound with 5G and innovative foldable technology.