The ASP [average selling price] of the North American smartphone market reached its historic Q1 record high of US$790 this year.
Yes, the low sale of budget phones certainly contributes, however, the market for premium phones grew by 33% from last year clearly being the main driver of this increase.
With more and more people having more and more expensive phones, how will having replacable batteries while being waterproof drive up the price?
I sell a phone for 1 billion dollars. That raises the average price to a million dollars. If you go to any store and grab 100 phones at random, their pricing will not reflect the average.
I’m referring to the average - obviously there’ll always be decentbudget phones with an unbeatable price-to-performance ratio.
Here’s a source for my claim - I couldn’t find any better ones after a few minutes.
According to this:
Yes, the low sale of budget phones certainly contributes, however, the market for premium phones grew by 33% from last year clearly being the main driver of this increase.
With more and more people having more and more expensive phones, how will having replacable batteries while being waterproof drive up the price?
The average iseaningless here.
I sell a phone for 1 billion dollars. That raises the average price to a million dollars. If you go to any store and grab 100 phones at random, their pricing will not reflect the average.