For $1,000, you can buy a five-night cruise to the Bahamas, a new laptop, or a king-size mattress. Or, you know, you could buy Samsung's Galaxy Note 8. Shortly after debuting the new phone Wednesday, Samsung revealed that people are going to have to shell out a hefty $930 to get it.
Crazy as that price may sound, it's not wildly out of the range of what phones are costing nowadays. The upcoming iPhone 8 is estimated to cost more than $1,000. The Samsung Note 7, infamous for sometimes spontaneously combusting, cost more than $800 before it was discontinued.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
Acid rain is back: the sequel nobody wantedUnder The Radar A 'forever chemical' in rainwater is reviving a largely forgotten environmental issue
-
Book reviews: 'Clint: The Man and the Movies' and 'What Is Wrong With Men: Patriarchy, the Crisis of Masculinity, and How (Of Course) Michael Douglas Films Explain Everything'Feature A deep dive on Clint Eastwood and how Michael Douglas' roles reflect a shift in masculinity
-
Recreation or addiction? Military base slot machines rake in millions.Under the Radar There are several thousand slot machines on military bases
-
Samsung to make Tesla chips in $16.5B dealSpeed Read Tesla has signed a deal to get its next-generation chips from Samsung
-
FCC greenlights $8B Paramount-Skydance mergerSpeed Read The Federal Communications Commission will allow Paramount to merge with the Hollywood studio Skydance
-
Tesla reports plummeting profitsSpeed Read The company may soon face more problems with the expiration of federal electric vehicle tax credits
-
Dollar faces historic slump as stocks hit new highSpeed Read While stocks have recovered post-Trump tariffs, the dollar has weakened more than 10% this year
-
Economists fear US inflation data less reliablespeed read The Labor Department is collecting less data for its consumer price index due to staffing shortages
-
Crypto firm Coinbase hacked, faces SEC scrutinySpeed Read The Securities and Exchange Commission has also been investigating whether Coinbase misstated its user numbers in past disclosures
-
Starbucks baristas strike over dress codespeed read The new uniform 'puts the burden on baristas' to buy new clothes, said a Starbucks Workers United union delegate
-
Warren Buffet announces surprise retirementspeed read At the annual meeting of Berkshire Hathaway, the billionaire investor named Vice Chairman Greg Abel his replacement
