The Gadget Price Conundrum That Isn’t Really A Conundrum

A future of haves and have less

It’s always fun watching folks trying to shoehorn yesterday’s conventional wisdom into tomorrow’s reality. It might feel like dealing with a today thing, but it’s actually making the point by missing it.

Julia taubitz 3X8a5pxNG4k unsplash.

Recently I’ve seen lots of blogging and social media mouthing off that such and such a device is boring, or isn’t innovative enough, or just iterates on last year’s model. Pick a device category and you’ll find a chorus singing that song. In the wake of Apple releasing the $599 MacBook Neo this week, which as a device seems anything but boring, I’ve seen plenty of folks complaining about the tech Apple left out to hit that low price point.

But that low price point is the point. And it’s not just a way to expand the market to more cost conscious consumers. That will happen of course. But Apple is opening up a future of higher price points for newer tech by now selling these lower priced Macs and iPhones that are anything but the low priced junk it once dismissed.

In case you’ve missed it there’s been a lot of preparation to condition the market for more advanced and more innovative tech that’s going to cost considerably more than what the median has been for quite some time.

No one knows for sure, but folding iPhones are predictably going to rival folding smartphone price points of other makers, and be much more expensive than what most consumers (I’m not talking tech writers and gadget bloggers) are used to seeing.

Whether costs go up because of new tech and new innovations, DRAM shortages, tariffs, wars, or what have you, the point is Apple, Samsung, and others are seeding the low end of the pricing fields to create more room for more expensive tech in the higher, richer pastures. Tech is poised to make some bolder moves, or so they tell us, but not everyone is going to be able to afford to play on the high end. But there is an essential, increasingly more marginalized market, perhaps not as lucrative on the margins, but still worth harvesting.

It’s no different than seeing the mix of higher end vehicles in the same traffic jam alongside rusting out beaters on the highway.

It’s actually and accurately a pretty sober assessment of how the frame of income inequality is gaining a more intense focus lately, even though it’s been that way for quite some time. Unless we’re EMP’d back to the Stone Age, tactile tech in our hands is going to be a part of all of our lives for quite some time. (Call me when you can do a video doctor’s appointment on an AI pin.) We’re just going to see a broader gap between what’s essential to have and what’s nice to have if you can afford it.

(Image from Julia Taubitz on Unsplash

You can also find more of my writings on a variety of topics on Medium at this link, including in the publications Ellemeno and Rome. I can also be found on social media under my name as above.

 

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Author: Warner Crocker

I stumble through life as a theatre director and playwright as well as a gadget geek...commenting along the way. Every day I learn something new is a good day, so I share what I find exciting, new, stupid and often worthwhile.

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