Get the latest tech news
Could we be the reason for Google increasing its smartphone prices?
Consumer behaviors and an influx in financing options seem to be tipping the scales.
According to Jitesh Ubrani, research manager for IDC's Worldwide Mobile Device Trackers, companies don't need to justify why they increase pricing, which comes with added tariffs or manufacturing. (Image credit: Apoorva Bhardwaj / Android Central)When a company announces a price increase, generally, consumers will likely weigh the pros and cons before spending on the new device, comparing whether the features and specs offered are worth the extra expense or not. "Over the past few years, we have seen an influx of buy now, pay later schemes or trade-in offers, which have made it easier for the consumer to digest the increase in phone prices."
Or read this on Android Central