By DOREEN WAINAINAHMore by this AuthorPrices of leading smartphones reduce by up to 40 per cent within three months of launch in global markets including Kenya, a new research shows indicating major savings from delayed purchases of new devices. A study by PriceSpy, shows that those willing to wait for the hype to die down, make savings by waiting three months before making the purchase. The price then, the study shows, would have dropped by an average of 35 per cent, leading to savings of more than Sh28,600 (£200). The trend is also evident in the Kenyan market, affecting brands including the iPhone, Samsung and Huawei. Samsung Electronics East Africa said it does not discount the prices of smartphones itself, but blamed competition among its vendors for the decline in price tags.

Source: Daily Nation April 19, 2018 18:22 UTC