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Smartphone shipments plunge to a low not seen since 2013 — their largest ever decline
Global smartphone shipments plunged in the fourth quarter of 2022 — usually a big holiday shopping period — thanks to macroeconomic weakness and soft consumer demand, according to market research firm IDC. Electronics firms shipped 300.3 million smartphones in the October to December quarter, an 18.3% year-over-year fall, IDC said in a report published late Wednesday. The drop marks the largest-ever decline in a single quarter.
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TLDR: Most people hardly have a penny to scratch their ass, while the top 10% (in incomes and assets) laughs all their way to the bank.
This is true...It would be nice if everyone had a money tree,but nope. Yet corporations seem to think that everyone can provide a never ending revenue stream to therm when they snap their fingers.