Report Finds Smartphone Sales Growth Dampened as Tariffs Threaten Price Hikes
- Counterpoint Research released a report on Wednesday analyzing how US tariffs affect smartphone markets globally and in the US in 2025.
- The report cut its global smartphone shipment growth forecast from 4.2% to 1.9% year-over-year due to renewed uncertainties surrounding US tariffs.
- Apple and Samsung face significant pressure to pass tariff-related cost increases to consumers, risking lower demand especially for the upcoming iPhone 17 and Galaxy Z Fold7.
- Apple CEO Tim Cook estimated tariffs add $900 million to costs this quarter, assuming no changes to current policies or new tariffs are introduced.
- The report suggests that US smartphone sales, particularly for Apple, may decline due to price hikes, while other global regions are expected to maintain growth.
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15 Articles
The year 2025 was supposed to be the year of the rebound for the world smartphone market. Yet, according to Counterpoint Research, a renowned analysis firm, the expected growth has evaporated. The company has just drastically revised its forecasts, lowering the expected increase in world sales from 4.2% to only 1.9%, i.e. a reduction of 55%. The reason: the growing uncertainties around the [...] Read more Smartphone Market 2025: The forecast col…
iPhone 17 Price Hike Over iPhone 16 Series Possible | iPhone 17 Pro | iPhone 17 Pro Max
Apple is gearing up to launch its iPhone 17 series in just a few months. While the specifications and features have already been surfaced via several leaks and rumours that started even with the iPhone 16 launch, the price is still a matter of discussion amongst all. Apple has been steady in terms of the price of previous-generation iPhones so far. But this is expected to change soon. A latest report by Counterpoint Research suggests that the t…
U.S. Tariff Uncertainty Will Slow Smartphone Growth: Counterpoint
Citing uncertainties about U.S. tariffs, Counterpoint Research said Wednesday that it was revising its 2025 global smartphone shipment growth projection to 1.9% year over year, rather than 4.2%. While growth is likely in most regions, North America is expected to...
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