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>But all those companies also sell budget phones that are very affordable. It's only Apple that refuses to sell budget phones. In fact, even Apple's cheapest ph

>But all those companies also sell budget phones that are very affordable. It's only Apple that refuses to sell budget phones. In fact, even Apple's cheapest phones (SE models) are unaffordable for daily wage earners in many nations of the world. 90% of everything most Americans buy is unaffordable for daily wage earners in many nations of the world. If I live in America (or a similarly developed country), then that definition of "prestige" is useless.

vee-kay 1y ago
> 90% of everything most Americans buy is unaffordable for daily wage earners in many nations of the world. This is a sad statement about the world in general, and USA in particular unfortunately. And the rich vs poor inequality gap has widened drastically. There was an Oxfam report that the world’s top 1% richest elites own more wealth than 95% of humanity. https://www.oxfam.org/en/press-releases/worlds-top-1-own-more-wealth-95-humanity-shadow-global-oligarchy-hangs-over-un https://www.oxfam.org/en/press-releases/worlds-top-1-own-mor... During the pandemic, the world's billionaires became 54% richer, while the poor became poorer. https://www.cbsnews.com/news/billionaire-wealth-covid-pandemic-12-trillion-jeff-bezos-wealth-tax/ https://www.cbsnews.com/news/billionaire-wealth-covid-pandem... During the first 2 years of the pandemic, the top 10 richest men doubled their fortunes, while incomes of 99% of humanity fell. https://www.oxfam.org/en/press-releases/ten-richest-men-double-their-fortunes-pandemic-while-incomes-99-percent-humanity https://www.oxfam.org/en/press-releases/ten-richest-men-doub...