The $3.5 Million iPhone

Last Week Business Insider ran a story calculating what an iPhone would have cost if one had been assembled in 1991. Once you add up the 1991 prices for the processing power, memory, and communication speed that an iPhone delivers today, you’re looking at an iPhone that would have cost $3.5 million!

Phil  and Stephen discuss how technological advancement and the process of ephemeralization have made an everyday object out of an item only the wealthiest could have afforded not that long ago. if we project these trends forward, what amazing capabilities that only the wealthy can afford today will be commonplace tomorrow?

Plus, the most crucial question: what good would an iPhone have done you back in 1991?

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About Phil 523 Articles
Phil Bowermaster is a nationally recognized author and speaker. He has more than 25 years experience writing about emerging technologies and the future. As co-host of the popular Internet radio series, The World Transformed, Phil has talked with leading scientists and technologists, best-selling authors, philosophers, filmmakers, artists, entrepreneurs and others who are shaping our understanding of the amazing era of transformation in which we live. Phil helps leaders and their organizations develop strategies for managing accelerating change. He shows how imagination, optimism, empathy, and humor can make all the difference in both understanding and making the most of the powerful currents of change we face.