Goldman Sachs Revises Down Smartphone Shipment Outlook for 2026-2028

By EC Assets · Published

Goldman Sachs reduced its smartphone shipment forecast for the years 2026 through 2028. This adjustment was reported by Investing.com. Goldman Sachs economists maintain their forecast for two interest rate cuts by the Federal Reserve. However, they expect only one cut to materialize. The firm expresses confidence in its assessment regarding Fed policy. The Goldman Sachs Small Cap Equity Insights Fund reported a return of 22.16% in the second quarter of 2026. This performance outpaced its benchmark, the Russell 2000 Index, by 67 basis points. The fund attributed this to its Themes and Trends pillar. This article is intended for informational purposes only. It does not constitute investment advice.

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