Marketplace®

Daily business news and economic stories

Are super expensive new cellphones worth the price?

Wednesday, Samsung unveiled the new Galaxy Fold, which will arrive in April and start at $1,980.

DJ Koh, President and CEO of IT & Mobile Communications Division of Samsung Electronics, announces the new Samsung Galaxy Fold smartphone during the Samsung Unpacked event on February 20, 2019 in San Francisco, California.
DJ Koh, President and CEO of IT & Mobile Communications Division of Samsung Electronics, announces the new Samsung Galaxy Fold smartphone during the Samsung Unpacked event on February 20, 2019 in San Francisco, California.
Justin Sullivan/Getty Images

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.

Related Topics

Latest Episodes

View All Shows
  • Marketplace
    5 hours ago
    25:21
  • Make Me Smart
    8 hours ago
    15:13
  • Marketplace Morning Report
    13 hours ago
    6:55
  • Marketplace Tech
    17 hours ago
    11:06
  • Million Bazillion
    a day ago
    5:01
  • This Is Uncomfortable
    22 days ago
    2:27
  • Financially Inclined
    2 months ago
    12:30
  • How We Survive
    2 months ago
    22:09
  • The Uncertain Hour
    3 months ago
    22:50
  • Corner Office from Marketplace
    5 years ago
    20:58