When Apple launched the iPhone X in 2017, it was the most expensive iPhone ever, at $999. Wednesday, Samsung unveiled the new Galaxy Fold, which will arrive in April and start at $1,980. Device makers know brand prestige can come by having a phone debut at a high price. And as cellular technology becomes more sophisticated, the value of phone components is increasing. But with prices now equivalent to laptop computers, how much more will they go up?
Click the audio player above to hear the full story.
We’re here to help you navigate this changed world and economy.
Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.
In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.
Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.
Give today and get our limited edition tote.