According to a recent survey, smartphones and Android phones will give a tough competition to the Apple market in near future. As they are introducing features like thinner display, ear pods, wireless charging that too at a cheaper price. Price is a salient factor that has affected the drop in
In the year 2017, Apple sold approximately 216 million iPhones whereas in the fourth quarter of the year 2018, it sold about 46.89 million IPhones. Although the year 2019 has just begun, Apple has managed to sell approximately 66 million IPhones. It seems Apple will face a severe downfall this year.
The general scene of Technology in the market today
In this era, technology and innovation go hand in hand.Technology has brought a revolution in every sector. It has become an integral part of our lives. A technological revolution has taken place is every industry. We can witness its advantages as well as disadvantages. Well, it’s like a double-edged sword. Man landing on the moon and travelling to space is no less than a miracle.
Apart from the agriculture industry, technology has given a boost to many different sectors like education, mining, manufacturing; etc. Now that we live in the digital age, digital technology is on the rise. Life without computers would be a nightmare. Robots control us and the world these days. New gadgets and applications are being designed and launched in the market every now and then. Hence, everything is at our fingertips now. Digital marketing is also a great tool to attract new customers. It’s also a cheaper mode of marketing than compared to others. More and more consumers are resorting to digital marketing to promote their business.
Technology has improved the health sector to quite an extent. With the invention of new medicines and equipment, the death rate has gone down. According to a research, a cure for cancer has also been found. The equipment helps diagnose the disease faster and save countless lives.
There’s no way we can ignore the noteworthy contribution of technology in the communication sector. Today, smartphones, computers, the internet play a significant role in our lives. We are able to communicate to relatives and friends living in a foreign land far away from us. It’s become easier to communicate to people all over the world. All thanks to the communication technology. Not only that, but there’s an incredible development in engineering, architecture, entertainment and tourism industries.
To sum it up, we can say that technology has improved the economy of the world. And while that is happening many new smartphones have made an entry into the market. Consequently, iPhones, which have always been the “blue-eyed boys” of the iPhone world, have perhaps had to take the backseat.