Eli5: how did we get to the point where laptops and phones are in the same price range ?

Question

Eli5: how did we get to the point where laptops and phones are in the same price range ?

In: 16910

Answer 1

The same way we get to the reason everything is priced how it is: the price of a thing is set at the point where a sellers profit desire intersects with a customers willingness to pay.