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Posted in Community :

Tech World

 
Industry : Consumer DurablesFunctional Area : Gadgets(Personal Interests)
Activity:  12 views;  last activity : 12 26 2010 15:26:15 +0000

Smartphone — or feature-rich handset that can support multi-tasking, mobile office, mobile internet , push mail and run different kinds of applications — is the fastest-growing category in the world's fastest-growing mobile phone market.

An entry-level smartphone now costs just about Rs 6,500, down from Rs 12,000 last year.

Why do you think the prices of the smartphones have halved in a year?

 
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1 2 3 4
1 Due to cutthroat Competition
2 pure business competition
3 They compete with themselves...
4 there will be no physical mobile phones after 15 years.

Due to cutthroat Competition

idea posted by Ruchi Chawla Associate/Sr. Associate -(Technical), Cisco Systems

Prices of the smartphones as we see that have come down in a year s time. As there is a tough competition every time we come to know of new phone companies which has entered the market. In the few years we have seen that Mobile companies like Micromax, Karbon, Spice, Fly, Lemon, and the China Mobiles which have come into the market . These new companies which have entered the market have much better features than the big players and are priced at a low cost when compared. So this would be the reason for the slashing of the prices of the Smartphones.

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I do agree that the prices of smart phones have comedown, however it is not only because of new entrants in the market, it is because, it is becoming a necessity in life and people cannot live without it .You should also look at how the Inidan economy has been performing beating expectations even during recession. Due to all these factors , people have more income , the demand has increased and certainly companies have increased production and hence price will come down automatically.

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pure business competition

idea posted by sheriff r mohideen General Manager -Technical, Origin Foods Limited
The reduction in prices of smartphones is due to the competitive atmosphere now in market and the advancement in this field day by day and those who invest has to get his return today ,a s tomorrow a new or advanced tech may replace and there will not be time to get one's money back
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They compete with themselves...

idea posted by Prad Roy Lead Developer, Avaya India Pvt Ltd
1. As far as smart-phones are concerned...they are in altogether different league. 2. They come with a full fledged OS... 3. They compete with their own previous releases of the OS and as such to position their new version they will slash down the price of their own older versions...that is how it is... 4. Another major thing is to have a thriving app store...if you have unprecedented app store...your prices are high...
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there will be no physical mobile phones after 15 years.

idea posted by nagendra kumar Trade Finance Operations Manager, HDFC Bank
people will welcome the idea of some radio (or new technology) chip to be implanted in their body and they will communicate through their mind signals only..its a new idea..but still it will become a common usage in future.
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