Smartphone revenue will remain flat in 2016 as market growth shifts to budget handsets

Smartphone revenue will remain flat in 2016 as market growth shifts to budget handsets:

Although 2016 has already seen some excellent smartphone announcements, the mobile industry won't be having it easy this year. Market growth froze in 2015, and analysts say the difficult situation isn't likely to budge in 2016. According to GfK's latest Quarterly Smartphone Tracker report, revenues from smartphone sales in the fourth quarter of 2015 dipped slightly to $115.2 billion, down 0.2 percent from a year ago.



the mobile industry won't be having it easy this year.Ironically, the same period saw a record number of handsets sold – 368 million units, up 6% year over year. However, ...