[throwaway7767]

> The product doesn't need updating and they have no competition so why lower the prices?

They absolutely do have competition, see for example the HP Prime, which is far superior (IMHO) to any calculator TI puts out.

The issue is that TI has a very effective market lock-in, so they don't have any incentive to innovate. They know students in the US will still buy their calculators because they won't be allowed to take the test if they don't

[detaro]

So they don't have competition for a giant part of the market.