If I want to buy today a smartphone that is positioned on the market at the same level as what I was buying for around $500 seven-eight years ago, now I have to spend well over $1000, a price increase between 2 and 3 times.
So your example is not well chosen.
Price increases have affected during the last decade many computing and electronics devices, though for most of them the price increases have been less than for smartphones.
So your example is not well chosen.
Price increases have affected during the last decade many computing and electronics devices, though for most of them the price increases have been less than for smartphones.