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Prepaid iPhone sales exploded in Q1 |
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Yahoo! Computer Security
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05/16/2013 at 17:45:30 |
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A new report suggests that prepaid smartphones are becoming more popular among consumers. According to research from NPD Group, 32% of all smartphones sold in the first quarter were prepaid devices, up from 21% during the same period in 2012. Samsung was found to be the most popular vendor of prepaid smartphones, accounting for 32% of sales in the first quarter. Handsets from LG made up 22%, Huawei 11%, and Apple and HTC tied at 8%. Prepaid iPhone sales were found to have increased fourfold in Q1 though, while sales of LG smartphones doubled year-over-year. “Prepaid has proven to be a real winner for national retailers,” said Baker. “The easy purchase cycle and grab-and-go nature of the product play into the strength
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