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Apple iPhone Shipment Could Decline In 2025 As Tariff, Competition Play Spoil Sport: IDC
AAPLApple(AAPL) Benzinga·2025-05-30 02:49

International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker expects global smartphone shipments to grow 0.6% year over year to 1.24 billion in 2025.IDC cut the forecast from 2.3% growth in February due to high uncertainty, tariff volatility, and macroeconomic challenges leading to a slowdown in consumer spending.Growth will remain in the low single digits throughout the forecast period, with a five-year (2024-2029) compound annual growth rate (CAGR) of 1.4% due to increasing smartphone pen ...