Google CEO Sundar Pichai reasoned that Pixel's slowing sales were caused by 'year-on-year headwinds' across the smartphone industry.
on Monday, further pointing to the tech giant's struggle to build a meaningful hardware business.
"Hardware results reflect lower year-on-year sales of Pixel, reflecting, in part, heavy promotional activity industrywide given some of the recent pressures in the premium smartphone market," Porat said.
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