Why hasn’t Apple moved the needle on iPhone sales the past few years? Blame it on Peak Apple and Peak Smartphone. Kate MacKenzie explains:
Sure, a few billion inhabitants of planet earth do not have a smartphone but for those who can afford it, they do, they’re holding onto them longer because this year isn’t that much better than last year, and prices for the good models are going up, not down.
Maybe that’s why so many techno gadget makers want to be like Apple.