Comment by aleph_minus_one
1 day ago
> Some people do put off buying cellphones and laptops when they know a new model will come out every year.
Don't confuse technical deflation with the Osborne effect:
1 day ago
> Some people do put off buying cellphones and laptops when they know a new model will come out every year.
Don't confuse technical deflation with the Osborne effect:
The Osborne affect has been heavily disputed over the years - it says so in your own citation.
But at least with iPhones, there is a deflationary affect because Apple has since the 3GS in 2009, kept the old phone around and reduced the price. For instance my son wanted an iPhone 16 Plus. I told him to wait until the 17 was announced and he bought one cheaper from T-Mobile