Consumers delay smartphone purchasing amid coronavirusChristian Fernsby ▼ | July 29, 2020
Smartphone purchasing shifts to online in most reported markets, accounting for nearly two thirds of sales in the latest quarter (up at least 11% points in EU5, U.S. and Japan versus last year).
Both iPhone SE and iPhone 11 interchangeably take the top 1 and 2 model seller spots in EU5, US, Australia, Japan and even in China, where Huawei is almost half of smartphone sales, iPhone 11 is the number 1 model sold.
Samsung A series sales performance continues in positive strides, with 2019 A series out performing sales of A series 2020 launches.
The appeal of A series has left a tough act for Samsung S20 flagship to follow; of the EU5 markets, S20 flagships only appear in the top 10 model sellers in Great Britain.
The desire for lower cost smartphones is a trend we have been monitoring closely for a while; from the category disruption caused by Huawei, the rise of Chinese brands, Samsung A series relaunch and now to the launch of iPhone SE.
The emphasis on high quality smartphones, at a fraction of flagship prices, couldn’t be more relevant at a time when many consumers are feeling financial pressures as a result of coronavirus.
Fortunately, only a small portion of consumers plan to cancel their plans to buy a smartphone (no more than 12% across all markets). ■