Counterpoint: US smartphone market contracts, budget devices hit hardest

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Counterpoint Research’s latest report examines smartphone sales in the US for the April 1 – June 30 period, aka Q2. The overall market fell by 5% compared to last year as the ongoing memory chip crisis resulted in increased average asking prices (ASP) for devices across the board. In addition, rising gas prices due to the ongoing conflicts in the Middle East also affected consumer purchasing power.Apple, Samsung, Motorola and Google saw their combined sales drop by 4% on a year-over-year basis. The remaining brands doing business in the US saw their sales decline by up to 45% compared to...