The phones now cost $1,900 and $1,100, respectively.
(One analyst called it “super-premium” instead.)
Colleague Abrar Al-Heeti wrote that thingsweren’t much better with Samsung’s foldables.
“The future of phones just got slightly more expensive…
In the tech industry, companies have been spending big to develop newAI technologiesand add them to their products.
Read more:Google’s AI Push Puts Climate Goals in Jeopardy.
It Could Do So Much Better
Meanwhile, AI isn’t the only thing pushing up prices.
Companies continue to say the value of their services outweigh the increased fees.
Some analysts have noted, though, that the increased subscription costs areoutpacing inflation across the wider economy.
Tech companies have already begun testing what people are willing to pay for AI-powered devices.
Critics said it didn’t live up to promises andwasn’t worth the price.
Critics said Rabbit alsofailed to live up to its promises.
Representatives for other companies including Amazon, Apple and Alphabet didn’t respond to requests for comment.
The company has also historically found ways to increase prices for its iPhones by expanding its product line.
There is an upside for Big Tech, at least for the moment.
