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> Chineese phonemakers exist yet Apple pulls in a significant portion of profits due to their _halo_ allowing them to sell at a higher price point. The differe
by amelius 7mo ago
> Chineese phonemakers exist yet Apple pulls in a significant portion of profits due to their _halo_ allowing them to sell at a higher price point.
The difference is that most customers have the financial wiggle room to buy a more expensive phone. With cars this is an entirely different story because cars are the most expensive things people own (besides a house).
For most people it holds that a car should just get them from A to B. The money for anything more fancy is better spent on something else.
There is a reason Apple is not in the car business.
- senordevnyc 7mo agoAnd yet the average price paid for a new car is up to $50k. Americans definitely aren’t just buying a basic car to get them from A to B.