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What is different about the smartphone market

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Reference no: EM132360314

Throughout the 1990s when personal computers (PCs) were widely used, improvement in PC technology almost always resulted in a decrease in price of PCs. Nowadays people use smartphone, but improvement in technology is usually accompanied by an increase in the price of the smartphone (every new model of the iPhone or Samsung is more expensive than the previous one), which is exactly the opposite of what happened in the PC market.

What is different about the smartphone market (or about the improvement in smartphone technology) that is different from the PC market (or the improvement in PC technology)? Please give an explanation.

Reference no: EM132360314

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