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In 2007, Apple kickstarted the smartphone revolution. The era of the cramped keypad layout was over, and the age of the super-accurate touch screen had begun. The iPhone put Apple in the dominant position of the smartphone industry – a position for which it has seldom been meaningfully challenged. But times are changing. Soaring inflation, coupled with the diminishing returns of purchasing new smartphone models with marginal improvements over the last, are sending smartphone shipments downwards.
As hard as it might be to believe, people aren’t buying smartphones like they used to.
Tesla remains in its pro-Bitcoin stance, but it’s not doing its balance sheet any favors.
After falling by 25% over the past year, Seagate’s looking like it could be back on the good foot.
Robinhood fell victim to a hack this week, promoting a scam token to its followers.
Tesla’s earnings beat has shown that despite rising electricity prices and lowered demand – EVs are still in.
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