It's hard to imagine life without a smartphone, but it's only been 10 years since Steve Jobs unveiled the first iPhone and kicked off the smartphone boom. Before that, buying a GPS system for your car or a new camcorder to use on vacation was totally normal.
But as time went on smartphones grew to include the same devices people once went to RadioShack for, and p
Companies like Garmin and Cannon struggled and then were forced to diversify their products into other markets not yet dominated by the smartphone. Data from the Consumer Technology Association charted for us by Statista shows the staggering decline in sales for various types of electronics after 2007, the first year of the iPhone.