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Re:87% of American teens own an iPhone; 88% expect an iPhone... by ghaff on Wednesday October 12, 2022 @08:00PM (#33185429)
"Machrone's Law" as I recall had a $5K price point. And, yes, it held until probably sometime in the 2000s. Yes, PCs were pretty expensive if you consider the PC you "wanted" was probably close to $10K in today's dollars.

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