Prepaid iPhone sales exploded in Q1

Prepaid iPhone sales exploded in Q1:
A new report suggests that prepaid smartphones are becoming more popular among consumers. According to research from NPD Group, 32% of all smartphones sold in the first quarter were prepaid devices, up from 21% during the same period in 2012. Samsung was found to be the most popular vendor of prepaid smartphones, accounting for 32% of sales in the first quarter. Handsets from LG made up 22%, Huawei 11%, and Apple and HTC tied at 8%. Prepaid iPhone sales were found to have increased fourfold in Q1 though, while sales of LG smartphones doubled year-over-year.

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