Low Price, High Hopes For a Phone

Low Price, High Hopes For a Phone

The One smartphone, for months the subject of discussion and so far available only by invitation, will be available for preorder this month.

For years, the tech industry has been waiting on a unicorn device: a great, low-priced smartphone.

While most other technologies keep getting cheaper, many of today's high-end smartphones cost upward of $650, which is more than the price Apple slapped on its very first iPhone, way back in 2007.

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Monty Solomon
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