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Kind of wild that some people are spending ~1.8% of their income on a phone (Even higher if we consider post-tax income).
by ProfessorLayton 3y ago
Kind of wild that some people are spending ~1.8% of their income on a phone (Even higher if we consider post-tax income).
- scarface_74 3y agoAs much time people spend in their phone and utility that people get out of their phone, why is that crazy?
- ProfessorLayton 3y agoIt's just a lot higher than I expected. For someone making a typical developer salary, it's like spending roughly $3,600 on a phone.
- eropple 3y agoI paid not-that-much-less for a laptop I use to write code, and spend less time on it than I do deriving value from my phone?
- ProfessorLayton 3y agoThat's kind of missing the point? Sure you spent a lot on your laptop, but it isn't (as) a significant portion of your income, presumably. A typical developer is spending much less on a phone as a % of their income, whereas a typical iPhone buyer is spending much much more — to a surprising degree.
- scarface_74 3y agoThe difference is that most professional developers aren’t spending their own money for their work computer.
- ProfessorLayton 3y agoAgreed, but setting laptops aside, would you spend ~1.8% of your pretax income on a phone? — And not for the best phone either, just the base pro, or an upgraded regular model. I certainly wouldn't, but a lot of iPhone users are. I'm not judging, I'm genuinely surprised.
- scarface_74 3y agoI only spend 15% of my pretax income on my 15 year mortgage. But I make BigTech money working remotely. So I find that question kind of irrelevant. I definitely don’t expect the average person to only spend 15% of their income on housing. Expenses don’t scale linearly with income. When I was making $22K a year in 1996, I bought phone for $300, was that too much to spend on a cell phone too? To a first approximation, no one buys their phone outright in the US and 62% of people replace their phone every 3-4 years (https://www.nevis.net/en/blog/how-often-do-users-change-their-smartphone https://www.nevis.net/en/blog/how-often-do-users-change-thei...). So they are only spending .45% of their income on a phone. Apple released a security update for the iPhone 5s released in 2013 earlier this year. There is no reason to replace your phone every year.
- ProfessorLayton 3y agoI wasn't comparing general living expenses, I was comparing iPhone ASP to the income of those buying them. $1k:53k is less affordable than $300:22k accounted for inflation — for tech that is much more mature and commoditized today than it was back then. Again, it's just surprising and not a value judgement.
- bdavbdav 3y agoRoll back maybe 10-12 years ago. I had a Tomtom in my car, maybe £200. An iPod. Probably the same again. A point and shoot camera. Same again. A 3G WiFi stick and contract for my laptopp. A personal laptop that saw a lot of use. A dedicated Sonos hardware controller. A GPS on my bike, and of course an actual phone (N95). How many of those devices have been coalesced into one £1200 iPhone. I call that a result.
- danaris 3y agoYou...know most people don't buy a brand-new phone every year, right? I don't recall exactly what I spent for my iPhone, but it was 4 years ago, so if we assume it was about $1000, then based on that median income, that makes it 0.5%. Does that seem more palatable to you...?