Bloomberg Businessweek: The Budget Mobile Era Arrives

"Call it the end of the beginning of the mobile revolution, an inevitable transition in which people start to give up on the grand (and expensive) experiment of tacking new gadgets onto their lives at regular intervals. We now know exactly where PCs are invaluable and where the usefulness of smartphones and tablets begins and ends. As a result, mobile prices are falling, and manufacturers are competing most fiercely at the bottom. “We are seeing the top of the market start to contract, with all the growth happening on the low end,” says Ryan Reith, program director of research firm IDC."