4 ms·
Also, Apple shares also do not replace the functionality of a phone, so the true opportunity cost of buying a premium phone instead buying a cheaper phone and s
by teruakohatu 2y ago
Also, Apple shares also do not replace the functionality of a phone, so the true opportunity cost of buying a premium phone instead buying a cheaper phone and spending the remainder on shares.
Nobody bought a iPhone because they thought it would appreciate in value.
- samatman 2y agoIt isn't nobody, as evidenced by the continued existence of new-in-box original iPhones, which sell at auction for nosebleed prices. The trick is to identify products which will be considered iconic, while they're still on the market. This is crystal-ball-gazing, and that kind of game isn't for everyone, but it only takes one smash hit to make a profit on the total investment. There are certainly people who do this as a hobby / side hustle.