The cost of technology – how digital cameras once cost consumers more than £16,000
Most people own a gadget of some kind whether it is a games console, camera or mobile phone.
In fact, statistics releases yesterday revealed that Britons spent a staggering £50.5m on gadgets during our current recession.
Purchasing items such as iPads, laptops and a Blackberry is not cheap as modern day technology prices continue to rise; especially if you want an item the moment it hits the shelf.
But has it always been this costly?
The answer is yes.
Can you believe that back in 2003 a Sony DVD player would set back the average buyer around £2,438! Just seven years on, you can pick one up in your local Argos for around just £50.
And if you think that’s bad, in 1973 when the first ever mobile came out (also known as ‘the brick’) cost a whopping £2,563!
For the avid music fan, when the MP3 player first came out in 1998 they were priced at around £250 and nowadays MP3 players are everywhere and can be had for less than a tenner.
But the biggest reduction has to be when it comes to photography.
Nearly everyone now has a digital camera and you can get a good one for a hundred pound or less. But back in 1990 the first ever digital camera was…wait for it…valued at £16,039!!!
It’s fair to say technology has moved on a lot since then and it is continuing to change and progress every day. There is always a new advert popping up on the television or at your nearest bus stop that is promoting the latest Xbox, Blackberry, mp3 player, etc.
Despite a recession, people still have money for a gadget and those working in technology always have new ideas.
