Smartphone Prices Shrink as First-Time Buyer Numbers Increase

Smartphones used to be reserved for those wealthy enough to fork over hundreds of dollars for a handset -- and over a grand each year to actually use said handset over a data connection. But the times they are a-changin'. Although the iPhone dominated smartphone sales last quarter -- with the iPhone 4 and 3GS taking the number one and two spots, respectively -- a new trend is taking shape: super-cheap smartphones for the masses.

Source: http://www.wired.com/gadgetlab/2011/11/smartphone-price-points/

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