Phones are getting more expensive and we’re partly to blame

There are many uncertain things in life but one constant thing next, other than change, is the rising prices of smartphones, particularly the premium ones. Not more than two years ago, consumers would be complaining about how expensive $800 phones are. Analysts scoffed at the iPhone X’s $1,000 price tag and predicted Apple’s humiliating defeat. Today, $1,000 has become the new normal for premium phones and there are no signs the industry is going to reverse course. And, like it or not, that’s partly thanks to us consumers as well.

You can thank Apple, too. Many smartphone makers have probably long dreamed of raising prices to four digits but it was only Apple that actually dared to break through the barrier.

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https://www.slashgear.com/phones-are-getting-more-expensive-and-were-partly-to-blame-23558985/