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by WWLink
540 days ago
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iPhones are not a luxury good by any means. You can waltz right into an Apple Store TODAY and buy yourself a $429 iPhone SE or a $599 iPhone 14. Boost mobile was giving iPhone 12s away for $99. Virtually every carrier has a free-with 2-3 year commitment deal for the iPhone 16. I live in the US where iPhones were 61.26% of smartphones sold in the US in the most recent quarter https://www.bankmycell.com/blog/us-smartphone-market-share If you want to be fancy, get a folding phone like a Galaxy Fold or a Pixel Fold. Those do have steep discounts at times, but you're still going to have to fork up $800-1200 or so for them. Or get one of those niche phones like an Xperia 1 or an Asus ROG phone or whatever that costs >$1000 and isn't subsidized by ANY carrier. |
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Smartphones as a general good are a life necessity at this point, but esoteric offerings among them like iPhones or Sony Xperias or the higher end Samsung Galaxys or Google Pixels are luxury goods because nobody needs the features brought by the much bigger price tag.
It's like how a bottom trim Toyota Corolla or Honda Accord is a necessity because you probably need a car, but anything beyond it is a luxury because whether you want that car is different. Another example would be choosing name brand foodstuffs at the grocery store instead of the store brand, that's also choosing luxury goods assuming the store brand is cheaper.
[1]: https://www.samsung.com/us/smartphones/galaxy-a15/buy/galaxy...