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by throwanem 2157 days ago
Wouldn't surprise me if a lot of people are buying new phones while they're sure they can, to avoid the risk of being stuck with an old and potentially failing one when they can't.

Phones are luxury goods only up to a point. Especially once you're invested in an app store, it can cost a good deal to switch platforms. And it should be news to no one that having access to communications grows more, not less, important, the closer you get to stony broke.

2 comments

Perhaps also that Apple is known for making quality phones. In times of economic pressure, people buy for the long-term.
In times of economic pressure, buying a $1000 phone is not the smartest idea.
Buying a $399 iPhone SE that will receive OS and security updates for at least six years, on the other hand, works out to less than $70 a year.
And a $399 iPhone SE that's $200 off is even better: https://news.ycombinator.com/item?id=24005628
And Apple, of course, makes no phones that sell for under a grand.
> Wouldn't surprise me if a lot of people are buying new phones while they're sure they can, to avoid the risk of being stuck with an old and potentially failing one when they can't.

I think you're incorrectly assuming people are good at any form of long term financial planning...

I think you may know a bit less than you think you do.