The U.S. Smartphone Market Got Crushed Last Quarter
It might not be nearly as bad as the Indian smartphone market, which got cut in half last quarter, but the U.S. smartphone market also got crushed due to the COVID-19 pandemic and related lockdowns. Total sell-through unit volumes declined by 25% in Q2, according to estimates released this week by Counterpoint Research.
Apple's (NASDAQ: AAPL) second-generation iPhone SE, which launched during the period, has been selling particularly well thanks to its affordability.
The second-generation iPhone SE launched in April. Image source: Apple.
Source Fool.com