Smartphone prices are continuing to drop, and 75 percent of consumers will be able to choose full-featured smartphones for $100 or less by 2020. It might be hard to believe there will be such a wide variety of choices for such a low price, but that will be an appealing reality, according to a report written by Gartner mobile analysts.
"You're going to see really powerful devices for under $100," said Ken Dulaney, Gartner mobile analyst. "You're going to see the Android market flush with beautiful, outstanding phones."
The current generation of smartphones are packed with powerful hardware - and mobile software is still developing - while many consumers end up overpaying for features they simply don't use.