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by layer8 2471 days ago
> Take the iPhone X, launched 2 years ago, used it's around $570 today, versus the $999 it launched at. > Meanwhile, a $300 phone tends to drop down to $100 on the 2nd hand market two years later.

This means the iPhone X still had more than twice the effective cost ($429) than the other phone ($200). So it depends on whether the user thinks that it’s more than twice as useful.