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Have we hit peak smartphone?

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Have we hit peak smartphone? – TechCrunch

There’s reason to believe the market may never return to sustained growth

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Last Halloween, we broke down some “good news” from a Canalys report: the smartphone industry saw one-percent year-over-year growth — not exactly the sort of thing that sparks strong consumer confidence.

In short, 2019 sucked for smartphones, as did the year before. After what was nearly an ascendant decade, sales petered off globally with few exceptions. Honestly, there’s no need to cherrypick this stuff; the numbers this year have been lackluster at best for a majority of companies in a majority of markets.

For just the most recent example, let’s turn to a report from Gartner that dropped late last month. The numbers focus specifically on the third quarter, but they’re pretty indicative of what we’ve been seeing from the industry of late, with a 0.4 percent drop in sales. It’s a fairly consistent story, quarter after quarter for a couple of years now.

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Every radical turn in technology history has its great entrepreneur, and for space that person is SpaceX founder Elon Musk. His unswerving conviction that u201cspace must be affordableu201d led him to disrupt the old-school space launch industry with reusable Falcon 9 boosters, an achievement that has inspired hundreds of entrepreneurs and investors to take up […]n”,”protected”:false,”author”:36697590,”featured_media”:1932023,”comment_status”:”open”,”ping_status”:”closed”,”sticky”:false,”template”:””,”format”:”standard”,”meta”:”outcome”:””,”status”:””,”crunchbase_tag”:0,”amp_status”:””,”relegenceEntities”:[],”relegenceSubjects”:[],”jetpack_publicize_message”:”Disrupting Space: A new event from TechCrunch https://tcrn.ch/3a5l7KD”,”categories”:[426985170,174,17396],”tags”:[],”crunchbase_tag”:[],”tc_stories_tax”:[],”tc_event”:[576727286],”jetpack_featured_media_url”:”https://techcrunch.com/wp-content/uploads/2020/01/TC-Sessions-Space-Post-Image.png”,”jetpack_publicize_connections”:[],”shortlink”:”https://tcrn.ch/3a5l7KD”,”rapidData”:”pt”:””,”pct”:””,”featured”:false,”subtitle”:””,”fundingRound”:false,”seoTitle”:””,”seoDescription”:””,”premiumContent”:false,”premiumCutoffPercent”:1,”tc_cb_mapping”:[],”associatedEvent”:”ad”:”display”:true,”title”:”Tickets are now available to discover the next frontier in space – get yours now and save $150″,”override_link”:””,”date”:1593043200,”link”:”https://techcrunch.com/events/tc-sessions-space-2020/”,”status”:”pre”,”title”:”TC Sessions: Space 2020″,”termID”:576727286,”event”:1931495,”authors”:[1551056],”hideFeaturedImage”:false,”_links”:”self”:[“href”:”https://techcrunch.com/wp-json/wp/v2/posts/1932016″],”collection”:[“href”:”https://techcrunch.com/wp-json/wp/v2/posts”],”about”:[“href”:”https://techcrunch.com/wp-json/wp/v2/types/post”],”replies”:[“embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/comments?post=1932016″],”version-history”:[“count”:8,”href”:”https://techcrunch.com/wp-json/wp/v2/posts/1932016/revisions”],”predecessor-version”:[“id”:1932324,”href”:”https://techcrunch.com/wp-json/wp/v2/posts/1932016/revisions/1932324″],”authors”:[“embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/guest-authors/ned-desmond”],”https://techcrunch.com/edit”:[“href”:”https://techcrunch.com/wp-admin/post.php?post=1932016&action=edit”],”author”:[“embeddable”:true,”href”:”https://techcrunch.com/wp-json/tc/v1/users/36697590″],”wp:featuredmedia”:[“embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/media/1932023″],”wp:attachment”:[“href”:”https://techcrunch.com/wp-json/wp/v2/media?parent=1932016″],”wp:term”:[“taxonomy”:”category”,”embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/categories?post=1932016″,”taxonomy”:”post_tag”,”embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/tags?post=1932016″,”taxonomy”:”_tc_cb_tag_taxonomy”,”embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/crunchbase_tag?post=1932016″,”taxonomy”:”tc_stories_tax”,”embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/tc_stories_tax?post=1932016″,”taxonomy”:”tc_event”,”embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/tc_event?post=1932016″],”curies”:[“name”:”wp”,”href”:”https://api.w.org/rel”,”templated”:true],”_embedded”:{“authors”:[“id”:1551056,”name”:”Ned Desmond”,”link”:”https://techcrunch.com/author/ned-desmond/”,”description”:”Ned Desmond is COO of TechCrunch. He was also responsible for Crunchbase from April 2012 until September 2015, when Crunchbase spun out of AOL/Verizon to become a standalone, venture-backed company. “,”slug”:”ned-desmond”,”links”:”facebook”:”http://www.facebook.com/ned.desmond”,”twitter”:”http://twitter.com/neddesmond”,”linkedin”:”http://www.linkedin.com/in/neddesmond”,”crunchbase”:”https://www.crunchbase.com/person/ned-desmond”,”position”:”Contributor”,”cbDescription”:”

Ned Desmond is the COO of TechCrunch General Manager of AOL Tech and Engadget.nn

He was also responsible for CrunchBase from April 2012 until September 2015, when Crunchbase spun out of AOL/Verizon to become a standalone, venture-backed company, in partnership with Emergence Capital.nn

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Ned Desmond is the COO of TechCrunch General Manager of AOL Tech and Engadget.nn

He was also responsible for CrunchBase from April 2012 until September 2015, when Crunchbase spun out of AOL/Verizon to become a standalone, venture-backed company, in partnership with Emergence Capital.nn

Previously he was the founder and president of GoSportn, an enthusiast media company, which launched GoFISHn.com and GoHUNTn.com.nn

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For many gamers, Poku00e9mon GO was an exciting fad that ate up their summer and was just another chapter in a franchise. A lot of these people would already treat the game like some sort of nostalgic mid-2010s hit, but the game is minting cash from users at a more expansive rate that ever. A report in Sensor Tower this week estimated that 2019 was Niantic’s best year to date in terms of in-app purchase revenue from Poku00e9mon GO users, noting that the company likely pulled in nearly $900 million according to its estimates.n

The rate of user revenue is still lower now than it was following launch, Poku00e9mon GO launched in just a few markets at the beginning of July 2016 and Sensor Tower estimates its revenue reached $832 million in the final six months of that year. But with higher year-over-year totals compared to 2017 and 2018, the estimates do suggest that Niantic’s aggressive updates to gameplay and its in-game social features helped boost revenues.n

""n

The truth is, every couple years there’s a new gaming title that accumulates users at a startling pace. What happens after the press cycle churns and the game is left to its own devices is where the great studios prove themselves. Niantic is in a cushy position as its breakout title fills its coffers, but the company still has some soul-searching ahead of it as it simultaneously aims to chase a follow-on hit and a developer platform.



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I'm a 50 year old PLC programmer from Burnley, UK. I severed my time as an electrician in the baking industry and soon got involved with the up and coming technology of PLC's. Initially this was all based in the Uk but as the years went by I have gradually worked my way around the globe. At first it was mainly Mitsubishi with a bit of Modicon thrown in but these days the industry leaders seem to be the Allen Bradley range of PLC and HMI’s.

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