3 ms·
This is nice spin - not being a wise-ass - but wages, as we know, have not kept pace with inflation. This the type of lens those in leadership positions use to
by chiefalchemist 3y ago
This is nice spin - not being a wise-ass - but wages, as we know, have not kept pace with inflation. This the type of lens those in leadership positions use to distract from more important underlying failures.
Apple will still make a boat-load of money. Nothing wrong with that. On the other hand, nearly everyone else's income has not kept pace with inflation. That is, using the 15's price as some sort of sociopolitical barometer is a false god.
- 2Gkashmiri 3y agoi currently own a moto G30 that i bought like 2years ago. i got it for like 10K inr or around US $110. it works for taking calls, photos, mindless scrolling on lemmy. I DO NOT FEEL FOMO when i'm the one on the hook for 10x more money when the marginal benefit over the current device is not enough for me.
- chiefalchemist 3y agoI've never gone big for a phone. As you said, as long as it does what it needs to do, I'm good. For privacy reasons, I was strongly considering the 15. But with USB2 or USB3 for top dollar? I'm doing some rethinking. Maybe my carrier will offer a deal?
- vinni2 3y agoIt’s a different story if you are stuck in the Apple ecosystem.
- mech765 3y agohttps://fred.stlouisfed.org/series/MEHOINUSA672N https://fred.stlouisfed.org/series/MEHOINUSA672N https://fred.stlouisfed.org/series/LES1252881600Q https://fred.stlouisfed.org/series/LES1252881600Q Over the time period since the original iPhones release, median household income and median full time wage have both grown faster than inflation.
- epolanski 3y agoThat has to be true only for some countries in the world, but far from being the average. I don't think this applies to most of (western) Europe or Japan e.g.
- randomdata 3y agoThe article is explicitly adjusted to US inflation, not Japan inflation, or anywhere else. In the US, wages have grown faster than inflation.
- gjsman-1000 3y agoThat’s a debatable statement. Housing? Especially for someone without a house?
- mlyle 3y agoHousing is a component of the consumer price index used to measure inflation. The proportion matches the proportion of household spending that most USians spend on housing. Of course, not every household is the average household. Some households spend more of their spending on things that have increased more than the average household. Some spend less of their spending on such things. And, of course, even if the average wage has risen quicker than inflation, that doesn't mean any specific household's wages have.
- gjsman-1000 3y agoHow about, instead of looking at the average, you look at the median.
- mlyle 3y agoI said "average" not "mean". The median is a form of average. BLS looks at mostly median households in the survey dataset, but also considers means of some aggregates, when choosing weightings of goods in the basket. I suspect in the specific case you're talking about -- housing -- using the mean would overweight housing in the basket.
- francisofascii 3y agoI had the same thought. It is nice Apple is not raising the price this year. But when people's food, energy, housing costs go sky high relative to wage increases, discretionary income goes down, so that shiny new Iphone (even at this same price) become less affordable.