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Smart phone prices drop as new models enter market
By Ding Yining |
November 22, 2011, Tuesday
|
Online Edition
Online Edition
DOMESTIC smart phone prices have dropped on average in the third quarter from a year ago as more mid-and low end devices entered the market, according to a latest industry report.
The average price of Apple's iPhone has dropped 27 percent to around 5,100 yuan (US$803) by the end of the third quarter, according to a report released by Analysys International today.
Prices of older iPhone4 models lowered after the iPhone4s was introduced in the overseas market last month.
Smart phones running Google's Android system experienced a 21 percent price drop in the domestic retail market to around 1,900 yuan as telecommunications operators increased customer subsidies, the research firm said.
The average price of Apple's iPhone has dropped 27 percent to around 5,100 yuan (US$803) by the end of the third quarter, according to a report released by Analysys International today.
Prices of older iPhone4 models lowered after the iPhone4s was introduced in the overseas market last month.
Smart phones running Google's Android system experienced a 21 percent price drop in the domestic retail market to around 1,900 yuan as telecommunications operators increased customer subsidies, the research firm said.
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