Yesterday, with the launch of Apple’s new iPhone 15, some people noticed that Apple released a new USB C to lightning adapter. And, it’s going to cost $29 dollars. Such a rip-off 🙂
However, few people touted that Apple kept the iPhone 15 price the same as iPhone 14, while at the same time slashing the iPhone 14 price. See the chart at the beginning of the post. And yours truly ran two survey on the interest in buying iPhone 15 last week too.
We all know the Fed is printing money like a drunk sailor, and with the pandemic relief in 2020, etc., there is much more money lying around. And it’s the major factor that’s responsible for the US inflation.
In some sense, the soaring housing price can be attributed to that. Below is a house in my neighborhood that just hit the market.
Full disclosure: I own a few shares of Apple stock $AAPL as of now 09-13-2023