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I'm confused by why the people you're talking about cannot afford food? They're gainfully employed, even if at a low wage. And it makes sense, because an iPhon
by HWR_14 4y ago
I'm confused by why the people you're talking about cannot afford food? They're gainfully employed, even if at a low wage.
And it makes sense, because an iPhone is a fairly inexpensive luxury good. Certainly, it's cheaper than a comparably high end purse, car or house. And, in the US, it's heavily subsidized by carriers.
- dieselgate 4y agoGainfully employed is probably not the type of employment you mean. Smart phones and stuff typically come with a payment plan so they’re rarely bought with a lump sum
- fastball 4y agoAre they really subsidized by carriers? Yes you pay less upfront, but in exchange for paying more on your monthly phone bill. Less of a subsidy and more of a payment plan.
- HWR_14 4y agoYes, they are. In the US, at least. There's also the carrier financed phone you're talking about, but I've had good luck when switching carriers. The free phones aren't going to be the latest generation, but they often have partial subsidization when you switch, like maybe half the cost.
- tedunangst 4y agoCredit cards mean a lot of people can run negative budgets for quite a while before they can't eat. And a lot of people have inconsistent income. Afford an iPhone one month, can't afford groceries the next.
- boringg 4y agoNot too mention you can breakdown the payments over years so the real cost is never felt.