Average Selling Price Of A Smartphone Balloons To $363

In the last quarter of 2017, the prices of smartphones amplified by 10% in comparison to the last quarter of 2016. Subsequently, the average selling price of a smartphone is now colossal $363.

As per the market research company Gfk, prices of smartphones have begun to augment. Additionally, the overall prices of smartphones rose by 6% from 2016 to 2017 and it is expected to grow even further this year.

Smartphones have now become an essential part of our lives. People give preference to purchase bigger and better models. It is pertinent to state that the average price of smartphone is quoted for full-price devices and not the subsidized phones.

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