Ballot: Are you planning to purchase a brand new telephone this yr?

Smartphone gross sales are at an all-time low. Even the previous vacation season couldn’t compel folks to purchase new telephones, and it appears issues will stay down for some time so far as handset gross sales are involved.

Samsung simply launched the Galaxy S23 series however predicts that phone sales will not pick up until the second half of the yr. Qualcomm additionally held its Q1 2023 earnings call yesterday and expects “broadening demand weak spot amongst handsets.” The chipmaker stated it doesn’t see telephone makers delivery as many telephones by way of 2023 as a result of they don’t anticipate folks to purchase new telephones.

Dwindling telephone gross sales could be attributed to the poor state of the world financial system proper now. Inflation is hovering, jobs are being minimize, and folks don’t have discretionary earnings to place towards tech purchases.

So we wished to ask you in the event you plan to hold on to your present smartphone or in the event you’re choosing up a brand new one this yr. Are you ready for the vacation season to get some good offers, or have you ever determined to carry off this yr? Take our ballot above and tell us your ideas within the feedback part beneath.