Divine_Aura. Competition with less-expensive Android phones has gotten steeper, and that's put the iPhone's market share at risk. Nov 25, 2019, 19:30 IST Apple's reputation and brand allow it to charge a premium for its high-end products like the iPhone 11 Pro Max. The failure of iPhone 5c has served as a strong deterrent for Apple to not venture again into the low-end product category. However, given an established tenure and a favorable reputation in the industry, it can position its products in a manner that it exudes superiority or luxury. Favourite answer. Especially after the launch of the original iPhone, the company has been more focused on design, functionalities and component quality than the consequent cost. Apple ke products itne mehenge kyu hain. Sawhney: Apple does something else that's a bit sneaky, which is that when you're buying the iPhone, you can't add memory to it. Apart from technical aspects, people who buy Apple products feel better and smarter than any other brand. I'm probably getting two, man! Why Do People Clink Their Glasses Before Drinking A Toast? Apple loves to talk about its innovation. 4 4. Hello Friends..!!! Narrator: That means the customers who buy the iPad Pro or the $5,000 iMac Pro. Apple products with huge price tags. That question pops in my mind as well. Well I've always noticed that Apple products on the USA Apple store website is cheaper than the Apple product on the UK website. THEY DESIGN THEIR OWN HARDWARE AND SOFTWARE Apple develops its software with good performance and high speed and you can’t match them with other android phones, because they never compromise with their quality. LVMH confirms deal to buy Tiffany for $16.2 billion in its largest acquisition ever, THE ONLINE GROCERY REPORT: The market, drivers, key players, and opportunities in a rising segment of e-commerce, Gen Z is more likely than other generations to spend the most on themselves during the holidays, Apple's reputation and brand allow it to charge a premium. And that is what inspires a lot of loyalty and allows Apple to extract a premium for their products. However, these days, many other manufacturers are releasing powerful smartphones and slick laptops at a fraction of Apple’s price, so how can Apple still sell products at significantly higher prices? Narrator: But Mohan pointed out that Apple has a disadvantage compared to true luxury brands. Why Are Laptops Getting Lighter And Slimmer. Pathetic to the point that their market share has now slipped to less than 2%, has become completely irrelevant, and the primary reason there is that the price points are simply unaffordable for the Indian market. Sawhney: The components that go into making a smartphone are fairly standardized. Subscribe to our mailing list and get interesting stuff and updates to your email inbox. Apple product prices, why are they so high, and why are people willing to pay those prices? hide. But are these products worth the premium? And Apple's accessories also have high premiums compared to non-Apple products. However, Apple’s components come from numerous suppliers from more than 25 countries. A basic Windows PC without additional software can be bought for a fraction of a price of a MacBook. There’s a fair amount of overhead that goes into the design, materials, and construction of each product manufactured. What Is The Fibonacci Sequence? Check out | Android vs iOS. In addition, they spare no expense when it comes to marketing. Apple has been successful in establishing itself as a “lifestyle brand” that can get away with charging premiums for products simply because people don’t mind paying extra to flaunt the brand’s logo! Although many tech enthusiasts dislike the concept of a locked system, it can serve as a value-add proposition for users who want a robust Apple ecosystem. Copyright © 2020. Science Behind Sleep Paralysis: Why Can’t We Move Our Limbs In Sleep? 1. Many Apple product prices are rising faster than inflation — faster, even, than the price of prescription drugs or going to college. Bringing in huge profits for Apple. Apple has reported a profit margin between 30%-40% over the years in their annual reports. Here are 10 reasons why apple products are so expensive. And adding memory or storage to … Narrator: That premium is also known as the "Apple tax," or paying more simply because it's an Apple product. A Smarter Look. For example, when you visit a relative’s place and log in to their Wi-Fi on your iPhone and come back with an iPad another time, the password automatically transfers from your iPhone to your iPad. Leadership and Business Skill for Immediate I... Take Big Data from University of California S... Take Machine Learning from University of Wash... Tamil Nadu, Kerala to Witness Isolated Rains;... India Announces Temporary Ban on Flights from... Railways in Talks with Government for Transpo... Solstice, Great Conjunction, Meteor Shower—Al... And adding memory or storage to these products increases the cost even more. Bringing in huge profits for Apple. 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This is similar to other companies that often charge a little more than their competitors for products that aren’t necessarily better in performance or features, under the pretext of brand value or brand offering. The 256 GB MacBook Air, for example, costs $1,299, but you can get a more powerful Windows laptop for over $100 less. So if you want more memory, you have to pay more Apple tax. As the US's first trillion-dollar company, Apple's market cap is higher than the GDP of Switzerland. There are several factors that combine to make the Airpods expensive. Relevance. 8 8. comments. Apple's reputation and brand allow it to charge a premium for its high-end products, like the iPhone 11 Pro Max, MacBook Pro, or the iMac Pro. So what makes Apple products so expensive? Why Does Your Facial Skin Appear Greenish After Shaving? Hence, another reason why Apple products are expensive is that premium pricing helps the company promote and sust… Aaj main aapko mere is blog me apko batane wala hu ki Apple ke products itne mehenge kyu hote hain. Apple does offer cheaper models, like the iPhone 11 or the 11-inch iPad, but those aren't always the models customers choose. … Why are Apple products so expensive? Adding memory or storage to these products increases the cost even more. That being said, the lower end of the market is also valuable, and Apple tried to foray into that part of the market with its ‘affordable’ smartphone, iPhone 5c, which was unapologetically plastic. ‘Pre-COVID life won’t be back in 2021’, says Deutsche Bank’s CIO⁠ — he also says Asia will continue to rise, These were the highest paid YouTubers of 2020, according to Forbes estimates. we respect your privacy and take protecting it seriously, Updated on: 13 Dec 2019 by Hussain Kanchwala, What is the Heisenberg Uncertainty Principle: Explained in Simple Words. Claps turned to gasps when John Ternus unveiled a $1,000 monitor stand as an add-on for the $5,000 Mac Pro display. Oracle billionaire Larry Ellison has moved to Lanai, the Hawaiian island he's spent half a billion dollars developing. You guys may think that apple company makes lots of profit from their product and so do I. but after using apple products and doing some research I find that there are some reason why apple products are expensive and customers are willing to pay that price. Narrator: With Apple's computers, these upgrades get even more expensive. Why ‘Objects In The Mirror Are Closer Than They Appear’? This thread is archived. And adding memory or storage to these products increases the cost even more. It's even more dramatic for the Mac Mini. Apple products are expensive compared to other devices. Let’s accept that at some points in life, you are smitten by something shiny or flashy—at least until you see the price. That’s why Apple hasn’t been able to open stores and manufacturing plants in India. Lv 4. Eh. 3 months ago. Let’s start with the obvious answer: you are paying some percentage just for the brand reputation. Apple's high prices reached meme proportions during the announcement of its Mac Pro in June 2019. Supply for the carefully chosen components can become a constraint, and if the supply cannot keep up with the demand, the prices shoot up. Times Syndication Service. Answer Save. Similarly, when you make a purchase in the App Store, that app will work on all your Apple products without the need to pay any additional fee. All rights reserved.For reprint rights. This is different than a Windows PC, wherein you have the liberty to choose and buy software that matches your requirements. Narrator: In 2016, the iPhone 7 started at $649. Like its $129 keyboard or its $79 mouse. “LMAO - Apple are just greedy now” “I can spec the exact same laptop/workstation much cheaper online” “Samsung/Huawei phones did this 1 year ago and are much cheaper” And every time I cannot help myself and start explaining why this either false or why apple is indeed more expensive. Apple's reputation and brand allow it to charge a premium for its high-end products like the iPhone 11 Pro Max, MacBook Pro, or the iMac Pro. Apple is the only company that makes mac. A company cannot simply sell expensive products, especially if it operates within a very competitive market. - They are expensive because they know we will buy all of their things no matter how expensive it is. Narrator: And those components cost a lot less than a new iPhone. chaliye mai b atata hu ki,Why Apple is so expensive. He is a tech aficionado who loves to explicate on wide range of subjects from applied and interdisciplinary sciences like Engineering, Technology, FinTech, Pharmacy, Psychology and Economics. What is Quantum Entanglement: Explained in Simple Words. save. Why Is It So Special? Sawhney: Apple's performance in India is pathetic. Why Do You Warm Up Your Muscles Before Exercise? These prices bring in huge profits for Apple. To begin with, if people want to know why Apple’s products are so popular in the recent years, one of the answers is the design of the product is very important. I mean I could understand why the original iPhone and Macintosh were pricey. His answer — that Apple doesn’t want to sacrifice quality for price — served mainly to reinforce his argument that Apple values great products over all else. With that being said, it doesn’t mean that Apple devices are ‘crash-proof’ or immune to attacks from viruses and malware. This applies to bigger products like iPads or MacBooks. Can't wait to get my hands on mine. 3 months ago. So, the question remains, how does Apple still justify charging a premium for its products? Because of this "Apple Tax," Apple products are often more expensive than competitors, bringing in huge profits for Apple. This is unlike Android, which is open source, wherein manufacturers get the operating system free from Google and tweak it slightly to match the hardware they intend to use it for. Even Apple's cables cost more. Apple products come with their own proprietary software, which is owned and maintained by Apple. Marco Pierre White Jr.: I've been here about 36 hours now. Josh. Because of this "Apple Tax" Apple products are often more expensive than its competitors. This is because experts reckon that an integration of software and hardware—the case with Apple—allows for optimal performance and reliability with less susceptibility to malware. Can We Harness Electricity From Lightning? kabhi socha hai kyu..? What Would Happen If You Shot A Bullet On A Train? Are Giant Insects Larger Than Humans Possible? Narrator: But this strategy might not work forever. And I know that you have to consider tax and the difference between pounds and dollars. What Is The Huntsman Spider? However, Apple needs to develop and maintain iOS, MacOS and back-end services like iCloud and iMessage all by themselves, which also elevates their operating costs. Visit Business Insider's homepage for more stories. Apple doesn’t want to dilute the premium image of its brand by offering ‘cheap’ products with lot of compromises. By comparison with other electronic products, the apple’s product is always the most aesthetic appearance of electronic products … For example, Sony competes with Apple in smartphones, but all of the camera sensors that go into an iPhone are made by Sony. In this article, we going to find out the reasons behind the expensiveness of the Apple's products. The first is that they’re an Apple product and the brand does not manufacture cheap products. First, let’s look at what some Apple products currently cost: No doubt, Apple is an expensive deal but we can’t really complain as it has its unique audience. | HERE U GET why apple products are expensive in india why are apple products so expensive reddit are apple products worth it apple store why are macbooks so expensive 2018 why are apple iphones so expensive why are apple laptops so expensive why is mac cosmetics so expensive The retails stores also add their profits to Apple products which make the products quite expensive. But why do Apple products have this reputation for being so gosh darned expensive? What are Glial Cells: Definition, Types, Functions of Glial Cells | Role in Psychology. P2. Apple has been successful in establishing itself as a “lifestyle brand” that can get away with charging premiums for products simpl… Yes, Apple has been recently stepped into more reasonable products like $330 iPads and iPhone SE. 45% Upvoted. 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