In what could simply be a case of hitting a speed wall, the latest sales figures indicate that smartphone sales began a decline in 2017, with sales in the US declining for the first time in 2018. Market saturation is nearing 100%, and everyone who wants a smartphone has a smartphone. Phones are now like cars, which you don't really replace as often anymore, since the new phone won't be significantly better.
Scott says that when deciding between a smart TV or a TV with a Roku Box. The Roku is easier to update and expand. You can add some apps to your TV, but updates really are few and far between. Leo agrees. He prefers just a monitor and lets the streaming box like Roku handle all the content.
Best Buy is also having a killer one day sale today, and you can get a new 4K TV for under $400.
Kenny wants to know when new computers will be coming out. Leo says that computers aren't like cars, so there's no annual expectation. There is a boost of new computers that usually come out in Spring and Fall, mostly for kids going back to school, and then the holiday shopping season.
Black Friday proved to be very profitable for retailers, both online and brick and mortar, with sales up 20%. But what Leo finds more interesting is that nearly one third of all sales this year were from tablets or mobile phones. This really indicates the shift into the mobile world.