11/11/2023 0 Comments Obsidian financial services inc![]() Notably, the company launched the iPhone 15 and iPhone 15 Plus in five new colors, including pink, yellow, green, blue and black. Per an IDC report, Apple constituted 44.5 million smartphone shipments worldwide and accounted for 16.6% of the global smartphone market share in Q2 2023.Īpple is gaining well from its latest iPhone 15 series. The latest Pixel smartphones are expected to aid Alphabet in competing well with Apple AAPL, which is riding on solid momentum in the iPhone. Our model projects Google Services revenues for 2023 at $267.05 billion, reflecting growth of 5.3% from 2022. Moreover, the new launches are expected to aid the performance of the Google Services segment. Solidifying prospects of Alphabet in the promising smartphone market will likely instill investor optimism in the stock.Īlphabet has gained 53.1% on a year-to-date basis compared with the industry’s growth of 50.5%. Per a Mordor Intelligence report, the smartphone market volume is expected to hit 1.45 billion units in 2023 and grow to 1.78 billion units by 2028, witnessing a CAGR of 4.1% between 20.Ī Fortune Business Insights report shows that the global smartphone market size is expected to reach $792.51 billion by 2029, indicating a CAGR of 7.3% during the forecast period of 2022-2029. ![]() The Pixel 8 and Pixel Pro 8 will be available from Oct 12, starting at $699 and $999, respectively.Īlphabet is likely to gain a strong footprint in the smartphone industry on the back of its latest move. These features aim to enhance user experience and improve video editing capabilities. Google Pixel 8 Pro, on the other hand, brings a 6.70-inch Super Actua display with a 120Hz refresh rate, HDR content up to 1,600 nits and a Thermometer app for body temperature measurement.įurther, the new smartphones feature an upgraded core processor and artificial intelligence (AI)-based photography, summarizing and spam-calls-blocking features, incorporating AI technology into its consumer gadgets.įurther, the AI-focused features include the Magic Editor, Audio Magic Eraser, Video Boost, Zoom Enhance and integration of Bard AI chatbot into Google Assistant. Notably, the Pixel 8 brings a 6.2-inch Actua display, 42% brighter than the Pixel 7, and comes in Rose, Hazel and Obsidian finishes with satin metal finishes. Alphabet’s GOOGL Google ended the quest for its latest Pixel smartphones with the launch of the Pixel 8 and Pixel 8 Pro.
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