Few in the history of mankind have been through such a short period of time, and certainly not in modern times. The problem caused by the coronavirus epidemic is now starting to be measured at its full extent. At the beginning of March we were talking about how mobile factories have reduced their production and how that might affect the sale of these products.
We can now see how the number of units sold has decreased in recent weeks compared to the same period of 2019.
Almost all products sell very little for coronavirus
According to a consulting company with CounterPoint Research, the number of devices dropped dramatically.
As you can see almost all products have decreased in the number of devices sold, except for Xiaomi y indeed.
There is a huge difference of 46 million phones sold less in the first quarter of 2020 than in the first quarter of 2019.
A 13% drop in mobile sales
In an analysis of another company, Canalys, we see how global sales have dropped to less than 13%, a figure that can be measured in the industry's history.
Over the past two years, the consolidation of this market has already been evident, with a slight rise and a fall indicating that the steady increase over the past decades has faded. What we cannot foresee, of course, is a crash similar to the current one caused by a foreign agent.
The causes are many. There are many stores closed, bond closure in many countries prevents travel without essential purchases, a coming economic crisis that will cause many to reconsider changing their mobile phone without finding the most important ones, such as a loss of time. A perfect storm.
We will have to wait a few more places to see if they will escalate once the epidemic is under control and return to the data we had at the end of 2019.
