> I would be stunned if the median laptop purchased from Dell cost more than $750 before tax or was used less than three years. Fair… I was just trying to be g

> I would be stunned if the median laptop purchased from Dell cost more than $750 before tax or was used less than three years. Fair… I was just trying to be generous in the cost estimate, but this just makes my point stronger. > Competition acts to keep prices down, but this only operates within a product market, not between different markets. That’s an interesting perspective. Reminds me of something I read — that home computer prices have straddled the $1K price over decades even though their usefulness has multiplied. It seems like there’s some other perspective that anchoring prices, AB’s whatever that is also tends to value hardware more than software.