Ever wonder why the iPhone is so expensive? This might be the explanation

FREE STOCKS:
๐Ÿ† Webull Deposit a Minimum of $500 and Get a Guaranteed $50 Free Stock:
๐Ÿ† Webull UK:
๐Ÿ’ธ SoFi Checking & Savings: Get up to 4.40% APY, pay no account fees and earn $250 when you sign up and set up direct deposit. Terms apply.
๐Ÿ‘พ Join our free Discord Community:

RESOURCES:
๐Ÿ’ต Free Templates:
๐Ÿช Hump Days Newsletter โžญ
โ–ถ๏ธ See What I Invest In โžญ
๐Ÿ’ณ My Favorite Credit Cards โžญ

MY SOCIALS:
Secret Channel —
Instagram —
Twitter —
TikTok —
Rickie (Editor) โžญ

WHO AM I?
Hello ๐Ÿ‘‹ Iโ€™m Humphrey, I used to be a financial advisor, worked in gaming/tech, and started my own eCommerce business. I make practical, rational content on investing, personal finance, the news, and much more with a data-backed approach. My goal is to help you with financial literacy and creating wealth.

PS: I am no longer a current Financial Advisor, any investment commentary are my opinions only. Some of the links in this description are affiliate links that I do receive a commission for & they help support the channel!

โฑ๏ธ Timestamps:
0:00 – Start Here

Joe Lilli
 

  • @kingsgold says:

    Higher point of entry. With the Razer/Blade, lower entry point. So less resistance to enter into the eco system.

  • @dd4three285 says:

    I’ve never been this early in my life

  • @appleztooranges says:

    Canโ€™t wait for the 16 pro max. Iโ€™ll send the $1199

  • @user-hs3jr6op2b says:

    first time being early

  • @purplemonkydishwasher says:

    Never paid for any music on my old iPods . Pirate Bay Bay!

  • @livinthedream4479 says:

    yeah but now you donโ€™t own the songs and pay a flat rate

  • @realshadowlord says:

    The best razor-and-blade example is Gaming consoles. Most of them are loss leaders, when the real profit comes from controllers, accessories, and ganes

  • @jorjoperalta says:

    I remember feeling ripped off at $1/song

  • @randallbro6749 says:

    Okay but that price is better than paying for stuff today…ipods should come back

  • @briandadude says:

    Apple supports their products for at least 5 years so I don’t mind paying a bit more upfront. At least it’s not a silly subscription (unless you go into debt for a phone).

    • @joelnilsson7129 says:

      WOW, 5 years and then they sabotage it with every update.

      Sure, android might not have the same support but at least they don’t screw u over on purpose and need the same financial planning as a car to afford.

  • @Kwijiboi says:

    Reverse makes sense because a lot of people had lots of pirated music, or deep physical collections that they could rip for the ipod. Selling hardware at a high price allowed them to make a lot of money and stay above water without relying on iTunes store sales.

    Now, most music is digital, but it wasn’t the case when the iPod was released.

  • @DoubleBob says:

    This works especially well cause Ipods were considered a status symbol. You don’t get the same swag for flashing your razor.

  • @matw1x says:

    Ever since the ipod, Apple went to the moon.

  • @Kr00lplatinum says:

    And this model forever changed the music industry ๐Ÿ˜ญ

  • @rainetravels1410 says:

    I Buy Apple stock, and use an android phone ๐Ÿ˜…๐Ÿ˜…with the money I saved I bought 10 shares back in Aug 2020, which are up 62.32% go Apple ๐ŸŽ !

  • @nelsblair2667 says:

    If someone has 8,000 songs purchased at an average price of 99ยข plus tax (so near $1.05 – $1.10), then thatโ€™s an investment of $8k ๐Ÿ˜ฎ

  • >