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Those are just European figures, just 3 brands, and just the existing numbers. In 2006, the market for smart phones was tiny. A couple of years later, people p
by flexie 8y ago
Those are just European figures, just 3 brands, and just the existing numbers.
In 2006, the market for smart phones was tiny. A couple of years later, people paid 3 times more for a phone than they ever thought they would.
Yes, $500 for a phone is not the same as $50,000 for a car. But who would have thought that people would readily shed out $599 for a cell phone before Apple made that market? The amount of people able to pay $50,000 for a car is increasing every year due to the economic growth in Asia and elsewhere and Tesla expands the market of people interested in expensive cars in Europe and America beyond the usual motor enthusiasts to people like me.
- joshuamorton 8y agoThe palm pilot had been around and popular for 10 years when the iPhone came out, at a 300+ dollar price point. That and most people don't actually pay anything for their phones, they get them on contract (in the us). As far as I know in Europe, smart phones are less common among poorer communities. And an iPhone provides more reason utility over a palm pilot than a model three does over a used Toyota that costs 1/5 as much.
- flexie 8y agoI live in the poorest country in Europe (Bulgaria) and virtually everyone below 50 has a smartphone. The original iPhone was priced at $499 for 4GB, $599 for 8GB.