Think before you fall for the Hype

Feb 11, 2020.

Samsung launched Galaxy S20 5g.

Today's date is July 4, 2022. Hence, the phone was launched 2years and 5months back. 

A manufacturer will never compromise on profits.

FOR EXAMPLE- 

To manufacture a phone the cost is -

Camera - 10rs

Build quality - 10rs

Processor - 20rs

Ram and board - 20rs

Screen -10rs

OS- 5rs

Network - 5rs

Total - 80 rs

Profit - 20 rs

Selling price - 100rs.

Now for 5g devices, manufacturers will have to spend more money which is obvious as they will invest , install towers, etc. They will have to earn cost of the new network from the clients.

Now they cannot compromise on revenue, so where will they cut the cost from? Cost-cutting must be done from somewhere or else the price of a device with 5g will go up. 

Profit will remain the same as 20 rs

Network cost will be more, which can be 10rs as they have invested in a new network.

Now they will have to do some cost-cutting in camera or screen or processor or build quality or whatever is suitable for the manufacturer.

Now I will use the time machine and let's go back to 2020.

Just imagine I purchased that phone back in 2020. The phone has 5g (The hype in the market), but I don't have a way to check the feature I have on my phone. The phone has 5g but the country doesn't have 5g. Also, the manufacturer compromised some other feature of the phone or they might have increased the price of that device for 5g. 

I generally use a phone for 3 years. It's already been 2 years and 5 months. I have invested in a phone that was priced higher than it should be and the sad part is, I am paying extra for a feature that I can't even use. Rather, I know 5g exists in my phone just because the company said it exists, I could not even check it. 

This was an example of 5g, the Hype can be of anything like 6 cameras, some extra ram etc.

Think before you fall for the hype. Earning money is not easy, don't let it go easily.