Apple's iPhone 5
(Credit: CNET)
There may be a reason why Android devices are more popular in Europe than Apple's iPhone: they're cheaper.
The CEO of one of Europe's largest wireless carriers said today that European customers are becoming increasingly more pennywise, which is putting a damper on sales of costlier mobile phones. Hence, this should sound as a warning call to Apple.
"Customers are more focused on price," France Telecom CEO Stephane Richard told Bloomberg. "Except for a few hundred thousand people who will buy the latest iPhone -- except for that category of people -- the majority of the market will be difficult."
Maybe it's the Eurozone crisis or maybe it's that Europeans are having second thoughts about throwing down a major wad of cash for a cell phone. Richard explained to Bloomberg that more consumers are seeking lower prices for wireless service and are also holding onto their old devices for longer periods of time -- even when they switch carriers.
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