Monday, November 29, 2010

Some Modern Pricing Stands the Test of Time

Ever find yourself waxing nostalgic about the days when gas was less than $1.00 per gallon, soft drinks cost 10 cents, and you could feed a family of four for under $10? Inflation seems to be a natural part of life... except when it comes to technology. While most consumables have gotten more expensive with time, many of today's high-powered consumer electronic goods are vastly cheaper than their predecessors, when compared in today's dollars.

For example, the Atari 2600 sold for $200 in 1977. Today, Nintendo's Wii sells for the same price, while Microsoft's Xbox 360 sells for around $250. On the surface, these numbers seem comparable, but in reality, they are not. At $200 in 1977, that Atari would put you back $589 today.
And what about cellphones? In 1983, a DynaTAC 8000x sold for $4,000. Today, the Apple iPhone sells for around $499. That's a striking enough difference by any standards, but if you calculate the price in today's dollars, that DynaTAC would run you a staggering $8,589.

Televisions, computers, printers, and other consumer electronics have also gone down in price significantly, even as the technology behind them has improved by leaps and bounds.
Intac.net, a trusted source for information on web hosting technologies, has put together an infographic featuring these and other comparisons that will show you just how good we have it today when it comes to consumer electronics pricing. You can find the details on Intac's website, at http://www.intac.net/the-cost-of-technology/.

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