XPost: comp.os.linux.advocacy, alt.computer.workshop, alt.fan.rush-limbaugh   
   From: nuh-uh@nope.com   
      
   On 2025-11-26 12:52, chrisv wrote:   
   > Alan wrote:   
   >   
   >> (snipped, unread)   
   >   
   > Half the people in the country are running-around with $1000 iPhones,   
   > but "the market isn't working except for billionaires, according to   
   > "Alan".   
   >   
      
   1.   
      
   No. Half the people in the US are NOT running around (no hyphen required   
   there, Buckwheat) with $100 iPhones. There are currently about $150   
   million iPhone users in the US (according to one source), but that   
   doesn't mean all of them cost each user $1,000.   
      
   Even today, the least expensive iPhone is a LOT cheaper than $1,000; 40%   
   cheaper to be exact.   
      
   And most of those 150 million users aren't using a brand-new (there is   
   where a hyphen is needed, Cochise) iPhone. In fact, as of October 2025,   
   only about 29% of iPhones in use are iPhone models that are currently   
   for sale. That means more than 2/3 of those using iPhone are using older   
   models and many of those will have been bought second-hand.   
      
   2.   
      
   Furthermore, so what?   
      
   You think this is an important metric?   
      
   How about the metric of average wage growth compared to productivity?   
      
   There are two figures that used to track each other very closely, but   
   now no longer do.   
      
   In short, the fruits of all that increased productivity are going   
   somewhere and it's NOT to the average person.   
      
   How about a minimum wage that hasn't increased since 2009, while every   
   other cost for the people earning that wage have increased by more than 50%.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)