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The Average Android Phone Costs Just Half Of The Average IPhone

wochit technology
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February 18, 2014 AT 5:27 PM
While the average price for an Android smartphone continues to plummet every year, Apple is still refusing to participate in the mid-range battle. Based on data gathered by Statista, the average Android phone was priced at just $276 in 2013, down from $441 in 2010. The average iPhone, on the other hand, still costs $650, a measly $52 drop in the same timespan. This may explain why Apple’s profit margins remain astronomically high even while its market share sinks.