Same Apple, Same iPhone, Same Tricks

Honestly, why do people still like Apple? Who even buys their over priced products?

$1,000 for the new iPhone X. Wow. Though to be fair, Samsung thinks it can get away with selling a phone for $950 as well (Galaxy Note 8).

Prices approaching $1,000 are more often associated with durable kitchen appliances than with pocket-size devices people tend to replace every few years. Yet Apple and Samsung think they will be able to sell tens of millions of smartphones at the higher price points, in part because of how vital the devices have become.

Is there even any purpose in upgrading your phone that often? I'm on a pretty old version of the Galaxy and it's still a pretty solid phone... I'm basically still able to do anything I need to do. And what if you drop these new phones? Is it really worth spending $1,000 for a phone that you could end up having to replace?

Are there even any additional benefits to these phones that make them worth their prices?

  1. Is Samsung and Apple really screwing themselves over with their pricing strategies? (I.e, is this now the chance for another smaller smartphone producer to rise up and become a giant?)
  2. What is the reasoning consumers have for buying these things at this point? Because they have to or because they want to?
  3. Has the smartphone revolution lost its originality? The last major thing I saw was how the screens of phones were curved off on the side... but I don't update my phone often enough to know.

Share any other thoughts.

4 Comments
 

I've been a WSO user since ~2011, and I shit you not, every year a thread just like this one comes out. Invariably the outrage is around how little the products change and how little value anyone gets, and people say "yeah fuck that I'm not upgrading" or "fuck Apple, I'm switching to xyz platform."

Then, months later, Apple releases their Q1 report, investors are wowed by the ridiculous numbers, and a thread or two will pop up here asking, "how long can Apple keep this up?" or "is Apple a ponzi scheme?"

I'm inclined to think that the WSO finance community is pretty bad at judging what's overpriced and what isn't. But who knows - Apple could just be a ponzi scheme.

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