The price of electronics and telecommunications services have plummeted for decades in contrast to the cost of things like global wages or real estate in many parts of the world. We've gotten tot he point where Wal-Mart advertises tablets for an insanely low $35. Specifically, the RCA Voyager 7" 16GB Tablet Android 6.0 (Marshmallow). Contrast this to the cost of a very expensive coffee.
Photos courtesy of USA Today.
A few years back, Florida resident William Lewis ordered his 101-espresso-shot latte at his local Starbucks that cost $83.75 and came with 17 pumps of vanilla syrup, mocha and green tea matcha powder served with steamed milk. The drink contained roughly 6464 milligrams of caffeine. Health experts advise that up to 400 milligrams of caffeine a day is safe for most healthy adults. As a member of My Starbucks Rewards loyalty program, Lewis’ drink was absolutely free. According to Eyesonnews, he did share his gargantuan coffee concoction with friends.
Point being... electronics prices continue to be pushed downward Coffee on the other hand as well as alcoholic drinks often correlate to the price of the real estate in which they are served, meaning as rents and other local costs increase, so do their prices.
Speaking of Fort Lauderdale - we are off to this city to bring you ITEXPO and IoT Evolution... THE Communications and Tech Events of the year. Hope to see you there! In fact, maybe we can meet at 35 Las Olas Center and have a cup of Joe together.
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