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But why let Apple take all of that margin from you? This year my iPhone XS will depreciate like $100, costing me $0.30 / day to do the same tasks just as well.

gumby 4y ago
Some people borrow money to buy a house or car and consider it a better deal than saving up. This calculation can make sense.
yazaddaruvala 4y ago
Five reasons (probably bad reasons): Context: For a long time I stayed on my iPhone 6, trying to extract every last bit of value from it (replaced the screen 1x and the battery 2x) before it was no longer getting updates (I had it 6 years). 1. The cognitive overhead of trying to extract every last dollar is greater than $1 a day. In the back of my mind I kept going back and forth, do I upgrade the battery again, or switch to a newer $1000 phone? If I include the time and money ($100 every 2 years - $0.14 per day for the battery; $150 every 3 yeas - $0.14 per day for the screen) actually spent getting the phone fixed, then the upgrade program is a no brainer winner. 2. The improvements were noticeable! Significantly. When I got my iPhone 11 Pro after giving away my iPhone 6, my laptop usage reduced by 75% (I had been thinking of buying a new laptop - the iPhone purchase saved me money overall). 3. I stayed on my iPhone 6 because "I just didn't believe X, Y, or Z was actually worth the upgrade". For $1.5 per day (vs $0.3) for a tool able to save me $5-10 per day, every day, why ever lag behind? What if the 14 is able to save me $15 per day because of X, Y, or Z but "I just don't believe it" and miss out on years worth of "savings". 4. Even without everything I've said prior, I can afford the $1.5 per day, even for frivolous reasons. When my iPhone, a tool, costs the same as one bubble tea / fancy latte a week, I'd rather reduce my cafe visits slightly and use the best version of the tools that are known to improve my life. 5. There is still a lot more iPhones can improve on, and I would like them to improve. I specifically also buy the Pro because I view "giving Apple that margin" as a "vote with my wallet" that there is a market for a more feature-rich iPhone can do next year and the more my vote counts.

gumby 4y ago

Some people borrow money to buy a house or car and consider it a better deal than saving up. This calculation can make sense.

yazaddaruvala 4y ago

Five reasons (probably bad reasons): Context: For a long time I stayed on my iPhone 6, trying to extract every last bit of value from it (replaced the screen 1x and the battery 2x) before it was no longer getting updates (I had it 6 years). 1. The cognitive overhead of trying to extract every last dollar is greater than $1 a day. In the back of my mind I kept going back and forth, do I upgrade the battery again, or switch to a newer $1000 phone? If I include the time and money ($100 every 2 years - $0.14 per day for the battery; $150 every 3 yeas - $0.14 per day for the screen) actually spent getting the phone fixed, then the upgrade program is a no brainer winner. 2. The improvements were noticeable! Significantly. When I got my iPhone 11 Pro after giving away my iPhone 6, my laptop usage reduced by 75% (I had been thinking of buying a new laptop - the iPhone purchase saved me money overall). 3. I stayed on my iPhone 6 because "I just didn't believe X, Y, or Z was actually worth the upgrade". For $1.5 per day (vs $0.3) for a tool able to save me $5-10 per day, every day, why ever lag behind? What if the 14 is able to save me $15 per day because of X, Y, or Z but "I just don't believe it" and miss out on years worth of "savings". 4. Even without everything I've said prior, I can afford the $1.5 per day, even for frivolous reasons. When my iPhone, a tool, costs the same as one bubble tea / fancy latte a week, I'd rather reduce my cafe visits slightly and use the best version of the tools that are known to improve my life. 5. There is still a lot more iPhones can improve on, and I would like them to improve. I specifically also buy the Pro because I view "giving Apple that margin" as a "vote with my wallet" that there is a market for a more feature-rich iPhone can do next year and the more my vote counts.