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> they were selling at $3K then and have to cut price to $300 to sell now, so people are obviously 10x poorer now than in the 80s Can you explain this? I don’t
by TedDoesntTalk 4y ago
> they were selling at $3K then and have to cut price to $300 to sell now, so people are obviously 10x poorer now than in the 80s
Can you explain this? I don’t understand your reasoning. Doesn’t the issue of “cheaper to manufacture” have anything to do with price?
- notahacker 4y agoIt's entirely due to cost of manufacture (and the result that hard drives are mass market product with a lot of competiton) Here's a brand new sedan you could buy for under $5k during the same period. https://blog.consumerguide.com/wp-content/uploads/sites/2/2017/10/Dodge-741x1024.png https://blog.consumerguide.com/wp-content/uploads/sites/2/20... The sort of person that could afford to plonk $3k a few megabytes of storage without thinking about it too hard back then wasn't the sort of person that needs a payment plan to afford an iPhone today, it's the sort of person who's never needed to save for a new car.