High-end smartphone prices rise 30 euros each year

High-end smartphone prices rise 30 euros each year

A study into high-end smartphone prices between 2010 and 2015 has shown that prices have grown steadily over the past few years, some 5.6 % or 30 euro per year.

More and expensive parts

Specialist website Tweakers looked into the study and tracked down the average price of several well-known brands (like Apple, HTC, Samsung and Nokia). On average, the price of a high-end smartphone grew van 508 euro in 2010 to 690 euro in 2015.

 

The high prices are partly because smartphones now use a metallic body: its development requires more time and money, which means the prices also increase. The growing number of hardware components in a smartphone also help jack up the price. For instance, the cameras are better, but also more expensive.

 

Component prices are hard to trace and are never revealed by the manufacturers, but IHS' analysts reveal estimates on a regular basis. Those show that the price for a camera and screen have both grown a lot, while flash memory has become very cheap.

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