Motorola's president and COO claims the “days of the $600-$700 smartphone are numbered”

Motorola's president and COO claims the “days of the $600-$700 smartphone are numbered”
Motorola already renovated its portfolio with the new Moto X and Moto G troopers, as well as its compelling Moto 360 wearable. If we judge by last year's crop of Motorola smartphones, their refreshed successors will most probably give the competition a pretty hard time. It's not only Motorola though – the top smartphone makers on the smartphone market are also being undermined by various named and unnamed China-based rivals, as if the competition from the likes of Motorola is not enough.

It seems that Motorola might be basking in a wave of confidence that 2014's Moto G and Moto X will not fail deliver. The president and chief operating officer of Motorola, Rick Osterloh, claimed that as per his own observations, the top-end line of smartphones is in serious trouble.

The reason for this is that more and more manufacturers begin to offer some pretty power-laden devices at affordable prices, the current dominating players of the smartphone market are in trouble. Samsung, the still-largest smartphone producer, is the living evidence for this – the giant has been experiencing a lot of financial conundrums throughout the year, the most recent being the plunging shares of the company.

What do you make of Rick Osterloh's words?

source: Android Authority

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