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December 1, 2014
NEW YORK — It might seem as though everyone has an iPhone or Galaxy smartphone. But many customers are eschewing the best cameras and screens — and their top-end price tags — and choosing models that can get the job done at less than a third of the cost.
Sales of high-end Samsung and Apple phones remain robust, but demand for budget phones is growing. About a third of the smartphones sold in the U.S. between July and September cost less than $200, up from 18 percent a year ago, according to tech research firm IDC. A top-end phone costs $600 to $700 at full price, before the subsidies some phone companies offer in exchange for committing to two-year service contracts.
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