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Re:Apple Set to Cut iPhone Production Goals Due to Chip Crunch by acdha on Wednesday October 13, 2021 @12:31PM (#28854269)
Also worth remembering that depending on how you value inflation, $700 in 2008 when the iPhone 3G launched is somewhat over $800 now.

A more interesting question to me would be how the average buyer's cellular plan has shifted over that time — people tend to focus on the phone prices but not the greater monthly service charges.

Re:Apple Set to Cut iPhone Production Goals Due to Chip Crunch by throw0101a on Wednesday October 13, 2021 @06:17PM (#28858324)
Countered with the deflation of getting more capabilities for the dollar. Even a current lower-tier iPhone is much more capable than many flagships from a few years ago—never mind things that weren't even dreamt of, like 1TB of storage.