Why have $1,000 phones become the new normal? And how bad can it be for the future of tech? Looking closely at the tech industry activity, one can easily notice how the pace of change seems methodical, logical, and sometimes a bit unsurprisingly slow.
But try paying attention to the recent short period of time and chances are you’ll be shocked by how radically and rapidly almost everything has changed. One good example is the typical $1,000 price tag for the latest smartphones.