this post was submitted on 27 Aug 2024
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Naturally the price for the cheapest model will also be going to up several orders of magnitude more than the cost of materials, labor, and healthy profit margin to account for that as well I'm sure.
In 1999, the iBook was US$1599 (equivalent to $2925 in 2023) (source).
The 2010 13" Air was $1299 (more in today's $) (source).
The current 13" M3 Air is $1099 (source).
So yeah, they may well raise prices, but the cost of Apple's entry-level hardware has decreased in absolute terms over the years, and has decreased substantially if inflation is taken into account. Not to say the margins aren't higher (no idea about that), but it's interesting.
Yeah it's when you need a reasonable amount of RAM or disk that they really bend you over.