• About
  • Blog
  • Podcast
  • Speaking
  • Events
  • Services
  • Contact

FatAlpha

Investing website that displays stock ideas, opinions and my strategies.

You are here: Home / Blog / Why the iPhone 8 Plus at $799 is cheap

Why the iPhone 8 Plus at $799 is cheap

December 21, 2017 By Sophocles Sophocleous

Yes, the new iPhone 8 Plus is a bargain.  And if you see my logic, you will agree too.

I’m a proud owner of Apple’s new phone from October 2017.  My previous phone was the iPhone 5 which I purchased in February 2013.  It was a great phone and I would have held it for another year if my wife didn’t leave it in the sun on the beach at Protaras.  It was in a bag but at over 40 degrees Celsius (100+ Fahrenheit) the battery was damaged.  I didn’t notice anything in the beginning but over time it has swelled and pushed the screen outward.  With the help of some tape, its functional but I decided it was time for an upgrade.

Like most smartphones of its time, the iPhone 5 did not take good low light photos and so I needed a camera.  I bought a Canon Ixus 300 HS.  It cost me around EUR 300 at the time if I remember correctly but it was a great camera.  Nice low light photos, good video, a panoramic feature, and others.  So over that one year period, I had spent EUR 300 on the camera and $849 for the iPhone 5.  The phone was the 64GB version and so cost more than the basic version which only had 16GB.

My new iPhone 8 Plus also has 64GB which I deem is more than enough for my purposes and for most people.  It cost $799, and it’s not cheap because it costs less than my iPhone 5 but because of what it can do.  Not only does it replace numerous gadgets (50 things your smartphone replaced) but it takes absolutely stunning photos under all conditions.  It’s one thing to say it ‘mostly’ replaces a gadget and it’s an entirely different thing to say it will drive the gadget practically to extinction.  And that is what is going on with the new smartphones that are coming out.

Calculators and flashlights are nice but what is really useful is the ability to take quality photos and that’s a problem for the camera companies.  As shown in the chart below from Statista (full article) there were fewer cameras shipped in 2016 than in 2003.  Shipments are down 80% from their peak!

So if you take into account that you are saving $200-300 from not buying a camera then you can see how much you are saving.  So to conclude, I personally have saved at least $350 ($300 camera, $50 cheaper phone)!  Thank you, Apple!

If you aren’t yet convinced about the quality then check out this random low light photo I selected from my album.  I took one evening while I was walking to Port Authority in New York.

Share this:

  • Tweet
  • Reddit
  • WhatsApp
  • Pocket
  • Email
  • Print

Like this:

Like Loading...

Filed Under: Blog, Company Analysis Tagged With: AAPL

Free Insights & Substack

Charlie Munger quotes

"You don't have to have perfect wisdom to get very rich. Just a bit better than average over a long period of time."

Events

Disclaimer

fatalpha.com is not operated by a broker, a dealer, a registered investment adviser, or a regulated entity. Under no circumstances does any information posted represent a recommendation to buy or sell a security. In no event shall fatalpha.com, Sophocles Sophocleous, FATALPHA LTD, or any affiliates or associates be liable to any member or guest for any damages of any kind arising out of the use of any content available on the website. Past performance is a poor indicator of future performance. All the information on this site and any related materials is not intended to be, nor does it constitute investment advice or recommendations. All materials and information you obtain here are exclusively for informational purposes and does not constitute an offer or solicitation to provide any investment services to investors based in the U.S. or elsewhere.

Privacy & Cookies: This site uses cookies. By continuing to use this website, you agree to their use.
To find out more, including how to control cookies, see here: Cookie Policy

Recent Posts

  • 7+ Stock Ideas
  • ASSA with Pon Van Compernolle
  • ASML: The picks and shovels of chips
  • 1st FatAlpha Value (Asia)
  • Does Buffett like beer more than Coke?

Disclaimer

fatalpha.com is not operated by a broker, a dealer, a registered investment adviser, or a regulated entity. Under no circumstances does any information posted represent a recommendation to buy or sell a security. In no event shall fatalpha.com, Sophocles Sophocleous, FATALPHA LTD, or any affiliates or associates be liable to any member or guest for any damages of any kind arising out of the use of any content available on the website. Past performance is a poor indicator of future performance. All the information on this site and any related materials is not intended to be, nor does it constitute investment advice or recommendations. All materials and information you obtain here are exclusively for informational purposes and does not constitute an offer or solicitation to provide any investment services to investors based in the U.S. or elsewhere.

Search

Privacy Policy | Cookies Policy | Disclaimer |  Archive

Sophocles Sophocleous

A Fulbright scholar and Chartered Financial Analyst, has been active in the global financial markets since 1999. This website displays his personal thoughts and views. Read More…

Copyright © 2025 · FatAlpha · All rights reserved

*** Free Insights ***
Free stock ideas
Videos of idea discussions
Free substack included Unsubscribe any time
By subscribing, you give us permission to send you our monthly letter. We will NOT be in contact with you in any other way. You can change your mind at any time by clicking the unsubscribe link in the footer of any email you receive from us, or by contacting us at info@fatalpha.com. We will treat your information with respect. For more information about our privacy practices please visit our website. By providing your email and subscribing, you agree that we may process your information in accordance with these terms. We use MailChimp as our marketing automation platform. By clicking below to submit this form, you acknowledge that the information you provide will be transferred to MailChimp for processing in accordance with their Privacy Policy and Terms.
%d