In tech media, it’s always the big, whizz-bang devices that tend to garner the most attention from enthusiasts. After all, they tend to have a disposable income and they are at the forefront of mobile technology. They're also the loudest for complaints or praise, dominating the conversation.
The Nokia Lumia 1020 is a perfect example, coming in at nearly $700 without a subsidy and $299 with—most people can’t afford it, but it reaps the headlines. And people still want it to have better, more expensive specs. Meanwhile, mid to low range devices are met with derision and scorn as people who are in well financed, established markets chime in on a device not aimed at them. We even see it here on this site, where people just want quad-cores, 1080P displays and envelope-pushing gizmos, yet they lament devices like the Lumia 625.
But the reality of the market is that smartphone prices are dropping favoring devices like the Lumia 52x and Lumia 62x or Huawei with their Ascend W1 and W2. According to the IDC, the average smartphone price has plummeted from $450 to just $375 in the last year. That trend is expected to continue with the average price headed to $350 and lower in 2013 and that directly cuts into the profit margins of Apple and Samsung, who often bet on high-end smartphones like the iPhone 5 or Galaxy S4 (neither of which are cheap).