Hence all of these long term deals of leasing, etc. of your phone.The average person can barely afford food and rent due to inflation, tech companies are firing workers despite record profits, Apple is holding back bonuses on it's employees.
But Tim the bean counter decides now is a good time to increase prices.
Apple used the introduction and removal of the mini to eliminate the $600 starting iPhone price point. When the mini was introduced, it became the $600 model and Apple increased the price on the regular and plus models by $100 each. When the mini was deleted, the regular and plus models kept their new price points.It already broke my heart that they discontinued the mini.
The general public eats it up on TV.We will sling the new standbys of "inflation" and "supply chain" with maybe a sprinkle of "covid" at each other to be followed by Apple Inc reporting record profits. Apparently inflation/supply chain/covid only affects us consumers.![]()
*taps head*Apple used the introduction and removal of the mini to eliminate the $600 starting iPhone price point. When the mini was introduced, it became the $600 model and Apple increased the price on the regular and plus models by $100 each. When the mini was deleted, the regular and plus models kept their new price points.
Considering the sheer amount of a value the phone brings to your daily life, I think you're underselling it here...by a lot.When amortized over 4-5 years of a phone's more than decent lifespan, $1000 isn't terrible.
Ultimately it comes down to supply and demand. If Apple pushes prices over a threshold where some consumers start to see it as poor value their sales will start to decline. I too wish consumers would push back on the rampant inflation going on right now and stop purchasing non-essential products but I don't have a lot of faith in the average consumer to make decisions that are in their best interest in the long run.If many of them "one persons" would flex their power of "NO" as a group, we'd soon be seeing price DECREASES. Companies want the money more than any of us should want most non-essential products & services. If we could say no as a group, we would re-learn the great(er) power in the other end of the capitalism bargain. Instead, we gripe/whine and then just roll over and pay up, rewarding price increases which tells those who choose to implement them they are doing a great job.
I get your point, but at the same time, a brand new flagship iPhone is not a necessity for anyone, at the opposite of food or rent. Nobody is entitled to have the latest iPhone, and people who can't afford that price should just refrain from buying it in the first place, regardless if there will be a price increase or notThe average person can barely afford food and rent due to inflation, tech companies are firing workers despite record profits, Apple is holding back bonuses on it's employees.
But Tim the bean counter decides now is a good time to increase prices.
Prices are already absurd to me personally. I can't imagine how much higher they'll go.
That revenue will be protected per the rumors of requiring MFI-licensed USB-C accessories for maximum performance in charging and data transfer rates.
You can snag some killer deals on a 14. 😉One can only hope the iPhone 15 doesn't bump up in price. Looking to finally upgrade my iPhone X.
Those who cannot afford food won't be looking to buy iPhones in the first place. Different customer segment altogether.The average person can barely afford food and rent due to inflation, tech companies are firing workers despite record profits, Apple is holding back bonuses on it's employees.
But Tim the bean counter decides now is a good time to increase prices.
It gets worse than that - other companies watch Apple closely and also have disproportionally increased their laptop/phone prices, especially laptops, at least in many parts of EU.The real frustrating part is that down the price ladder we get “old stuff”…as opposed to new things built to hit those price points.
Pretty sure the reason it didn't is because the 2022 lineup was an experiment to see how well Pro models could sell if they made some shiny new improvements to them, and basically didn't update the standard models at all. That bet paid off big time, better than they expected. Now they plan to continue this trend while raising the prices of the Pro models.Frankly, I’m surprised this didn’t happen for the 14 Pro.
Not sure why it's puzzling. BMW and Mercedes don't stop releasing luxury cars just because pandemic/recession happen. The great sales of the 14 Pro models should be a big clue. iPhone buyers are not having problems putting food on the table.With the world (US) economic situation as it currently stands, Apple rolling out more and more expensive, over priced electronic gadgets seems puzzling to me. Apple sales will surely plummet in 2023 as the world/US economic situation continues to worsen. People will have to make a choice between putting food on the table or giving more money to Tim Cook. That iPhone X is looking better and better right now.