Prepaid smartphone sales expected to surpass high-end devices by 2017
Prepaid smartphone sales expected to surpass high-end devices by 2017
High-end smartphones priced at $200 or higher made up more than 83% of the market last year, according to Informa. That share is expected to drop to 33% by 2017, however. The research firm predicts that by 2017 affordable smartphones, or those priced below $150 with no contract, will account for a majority of sales, CNET reported. The shift in the mobile industry isn’t good news for smartphone manufacturers, which are expected to see smaller profit margins as prices continue to drop. The market of the future is expected to become increasingly split between high-end smartphones that continue to be heavily subsidies by wireless carriers, and cheaper prepaid devices. More →











