CHART OF THE DAY: It's Been A Pretty Bad Year For Smartphone Makers

It’s been a rough year for the shares of major smartphone makers. All of them are down, as you can see in this chart. For some context, the S&P is up ~10% for the year.

The problem for smartphone makers is that the market for high-end smartphones is largely saturated. The next wave of sales will come from lower-cost, lower-profit phones. 

chart of the day smartphone makers

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