Which was the most boring product of 2018? It might be in your pocket
Over
the past decade, we’ve seen phones get larger, faster, sharper,
crisper and curved. They even put cameras on the front!
Consumers
have been blessed by the array of choices available in the market.
But now the pace of innovation is slowing, and that could hurt
investors.
In
China alone, an average of two new models were released each day last
year for a total of 764. In 2017, that figure hit 1,054, according to
the China
Academy of Information and Communications Technology.
The
saving grace for smartphone makers these past few years has been the
addition of new functions, which allowed them to reverse a previous
slide in average prices and actually sell devices for more money.
Apple
Inc. thinks that average sales price is more important than shipment
numbers, which is why it decided to no longer tell you how many
iPhones it sells but merely how much revenue it makes from them. Read
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