Apple’s iPhone X delivered a KO punch to cheap Androids: Q1 smartphone demand slumped globally but ASP grew by 21%

New data from GfK shows that global demand for smartphones declined by 2 percent year over year in the March quarter while Average Selling Prices grew by 21 percent, totally contradicting the media narrative that customers were looking to save money and would shy away from Apple’s premium-priced iPhone 8 and iPhone X.

Source:: Apple Insider