Smartphone Prices Fall

The going assumption is that Apple's iPhone's has reinvigorated the smartphone market. Everyone wants an iPhone in order to look cool, and to be able to surf the Web and answer e-mails. That's certainly true. But there is another reason why U.S. consumers snapped up 9 million smartphones between January and July -- that's up 84% year over year, according to consultancy NPD Group. Simply put, smartphones are getting cheaper.

Nowadays, everyone wants a smartphone. Why? The going assumption is that Apple’s iPhone’s has reinvigorated the smartphone market. Everyone wants an iPhone in order to look cool, and to be able to surf the Web and answer e-mails. That’s certainly true.

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