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The Conversation
The Conversation
Jay L. Zagorsky, Clinical associate professor, Boston University

Why Apple can hold the line on iPhone prices, as smartphones defy soaring inflation and keep getting relatively cheaper

Apple Inflation Bureau of Labor Statistics
Apple chose not to raise prices on its new iPhone. AP Photo/Jeff Chiu

Inflation in the U.S. is surging to near a 40-year high, with prices on food, fuel and pretty much everything seeming to rise more every month.

Smartphones may be an exception.

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