Have we reached the end of smartphone price inflation?

During the last few years, a worrying trend was established on the smartphone market: prices of smartphones have been slowly creeping upwards. Things have gotten to the point where when we hear about a new high-end device being released, we mentally prepare for a four-digit price tag. If before you could buy the best Samsung or Apple phone available for about $650, now you have to fork out close to $1,000. But all that didn’t happen because people felt like paying more for their phones. So why did it then?

How did we get here?
Тhere’s no one clear reason for the price inflation. Instead, ...