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iPhone is screaming: Hello, ahem, I was priced $499 in 2007 and $1100 now
by mandeepj 1y ago
iPhone is screaming: Hello, ahem, I was priced $499 in 2007 and $1100 now
- cjbgkagh 1y agoThere has been a marked quality improvement, it’s not apples to apples
- SirFatty 1y agoOk.. so $499 was too much back in 2007.
- etrautmann 1y agoWith 2% target inflation prices double every 17 years, so that’s not too far off.
- williamstein 1y ago1.02**17 = 1.400..., whereas 1.02**35 = 1.99... At 2% inflation prices increase by 40% every 17 years, and it takes 35 years for them to double. At 3% (closer to real inflation), prices would double every 23 years: 1.03**23 = 1.97...
- bryanlarsen 1y ago$499 was the carrier subsidized price in 2007, not the true price.
- bryanlarsen 1y agoThe true price would likely have been around $999. The 6 was $199 with subsidy; the 7 was $699 without.
- soganess 1y agoNope. At least in the USA, they were carrier locked not subsidized[1]. The 3G was 199$ when subsidized[2]. According to www.usinflationcalculator.com, 500$ would be ~780$ in modern money. Close to the price of the base iPhone 17 and 300+ dollars difference when compared to the smaller of the pro models. So I suppose its price stability is based on the target you pick. If it were me, I'd target against the 1000$ iPhone Air. 1:My personal iPhone 1 never saw an att sim. It was purchased at an apple store. 2:https://techcrunch.com/2008/06/09/3g-iphone-comes-with-2-year-contract/ https://techcrunch.com/2008/06/09/3g-iphone-comes-with-2-yea...
- bryanlarsen 1y agoAs you said, they were carrier locked. Apple got paid for that carrier lock. That's a subsidy. A weird one, but still a subsidy.
- soganess 1y agoBy that definition, every iPhone is subsidized. Google pays to be the default search engine and subsidizes iPhone. I meant a contracted subsidy where the user sticks with att or whatever for $n$ years.
- plorkyeran 1y agoiPhone 16e is $599 and would have been the best phone on the market a few years ago.