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Everyone is talking about the $30, but the real story is that iPhone 12 is at least $100 more expensive than iPhone 11. The $30 thing seems almost like an inten
by _qulr 6y ago
Everyone is talking about the $30, but the real story is that iPhone 12 is at least $100 more expensive than iPhone 11. The $30 thing seems almost like an intentional distraction from a huge price increase during a global depression and pandemic.
- adventured 6y ago> The $30 thing seems almost like an intentional distraction from a huge price increase during a global depression and pandemic. Apple's customers are largely not lacking for purchasing power. That's why you won't see their quarterly sales tanking through this mess. In the US, the iPhone buyers as an economic class have not seen a large and sustained unemployment spike, as they did during the great recession (which severely hit a broad swath of labor). Nearly all of the big job hit this time around has been absorbed by the working poor or lower middle class, people that work at hotels, bars, restaurants, in hospitality broadly, and other lower pay jobs that were similarly exposed to a bad hit by Covid-related closings.
- cwhiz 6y agoI doubt this. More likely is that everyone is financing their iPhone at 0% over 24-30 months. The number of people who can afford to pay cash for an iPhone is a tiny fraction of the people who can afford the monthly payments. The absolute most expensive iPhone configuration with the iPhone Upgrade Program is $66/month. You can get it for significantly less per month through a major carrier.