> nobody was willing to pay $1000 for a phone. i think the cost of a top of the line phone has been relatively stable when inflation adjusted imho (but the fea

> nobody was willing to pay $1000 for a phone. i think the cost of a top of the line phone has been relatively stable when inflation adjusted imho (but the features/capabilities have greatly expanded). The first iphone is around $600, so inflation adjusted today is about $877, so by paying about $200 dollars more, you got today's iphone, which is probably about 100x better!