It has been clear since the outbreak of the pandemic that the current situation will have adverse effects on the global economy. It was also obvious that the pandemic would also affect smartphone sales. Given the mandatory home quarantines and home offices, it would be strange if people were spending on smartphones or other electronics at this time. In this regard, the crisis has affected all technology manufacturers in some way, Samsung is of course no exception.
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According to analyst reports, US smartphone sales fell 5% year-on-year last quarter, which doesn't look too bad on paper. However, if we look specifically at the South Korean flagship in the form of the S20 series, the results are poor. According to Canalys, which regularly conducts market research, sales of this year's flagship fell by a whopping 59% compared to the S10 series during the same period last year. However, if we look at the first quarter of this year, Samsung did well in the sale of cheaper smartphones, as the best-selling models in this territory in the first quarter Galaxy A10e a Galaxy A20. So it remains to say that the sales of the S20 series were really very bad in the second quarter. If we look at the data that talks about the average spending on smartphones for the second quarter, we can't even be surprised. The average price of a smartphone in the United States was $503, which is 10% less compared to the previous year. Did you buy a smartphone during the corona crisis?
Yes, I bought it, after a long time I had the S7 I wanted to jump on the S20. Unfortunately, something completely different than the pandemic killed it, at least for me. I would say that even global low sales are in vogue to be blamed on the crown.