Cheap phones from Apple, Google, Samsung suggest industry is changing - Business Insider

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Cheap phones from Apple, Google, Samsung suggest industry is changing - Business Insider
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A bunch of promising cheap, new smartphones from Apple, Google, and others are expected to launch this year — and it says a lot about where the industry is headed

After years of increasing costs and slowing sales, 2020 looks like the year that smartphone prices may finally come down.

To say that smartphones have made leaps and bounds since then would be an understatement. While the original iPhone was essentially an iPod touch with cellular connectivity, today's mobile devices have evolved into superfast pocket-sized computers with professional-grade cameras. The year has just begun, but based on the smartphone launches that have occurred in 2020 so far – and the ones that are rumored to arrive in the coming months — it looks like a wave of compelling new devices that cost noticeably less than recent flagships from Apple and Samsung are on the horizon.Samsung, for example, unveiled the Galaxy S10 Lite and Galaxy Note 10 Lite earlier in January, which the company is positioning as being cheaper versions of its high-end smartphones.

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