{"id":12339,"date":"2023-11-21T16:37:50","date_gmt":"2023-11-21T15:37:50","guid":{"rendered":"http:\/\/costops.com\/index.php\/2023\/11\/21\/sales-slide-at-ao-world-as-consumers-put-off-buying-latest-mobile-phones\/"},"modified":"2023-11-21T16:37:50","modified_gmt":"2023-11-21T15:37:50","slug":"sales-slide-at-ao-world-as-consumers-put-off-buying-latest-mobile-phones","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2023\/11\/21\/sales-slide-at-ao-world-as-consumers-put-off-buying-latest-mobile-phones\/","title":{"rendered":"Sales slide at AO World as consumers put off buying latest mobile phones"},"content":{"rendered":"<p>Online electrical goods seller still able to report pre-tax profits of \u00a313m in the half year as cost-cutting measures bear fruit<\/p>\n<p>AO World has said consumers are holding off on updating their mobile phones amid the cost of living crisis, a lack of technological innovation and the higher cost of network contracts.<\/p>\n<p>UK consumers bought 13% fewer handsets with contracts in the last six months, forcing AO\u2019s mobile phone business into a loss. Analysts at stockbroker Jefferies said they estimated that the worse than expected mobile phone sales would hit the online electrical goods sellers\u2019 annual profits by about \u00a34m.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/business\/2023\/nov\/21\/sales-slide-at-ao-world-as-consumers-put-off-buying-latest-mobile-phones\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/e38585d87d6ca89d1129927b5c10b152b8ed7794\/0_130_3888_2333\/master\/3888.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=b8f79941193c6b4a2846b32c2f044b91\" title=\"Sales slide at AO World as consumers put off buying latest mobile phones\" \/>Online electrical goods seller still able to report pre-tax profits of \u00a313m in the half year as cost-cutting measures bear fruit<br \/>\nAO World has said consumers are holding off on updating their mobile phones amid the cost of living crisis, a lack of technological innovation and the higher cost of network contracts.<br \/>\nUK consumers bought 13% fewer handsets with contracts in the last six months, forcing AO\u2019s mobile phone business into a loss. Analysts at stockbroker Jefferies said they estimated that the worse than expected mobile phone sales would hit the online electrical goods sellers\u2019 annual profits by about \u00a34m. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Online electrical goods seller still able to report pre-tax profits of \u00a313m in the half year as cost-cutting measures bear fruit AO World has said consumers are holding off on updating their mobile phones amid the cost of living crisis, a lack of technological innovation and the higher cost of network contracts. UK consumers bought &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2023\/11\/21\/sales-slide-at-ao-world-as-consumers-put-off-buying-latest-mobile-phones\/\"> <span class=\"screen-reader-text\">Sales slide at AO World as consumers put off buying latest mobile phones<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":12340,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/12339"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=12339"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/12339\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/12340"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=12339"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=12339"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=12339"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}