I think it really will benefit the individuals who want to buy such gadgets but there's a disadvantage on a more social standpoint.

Like, it's really cool to have one of the best phones around and when you go hangout in public and everyone sees you with an iphone they're like "wow, that person's got cash, they spent $500 on the latest; most popular phone!"
On the same note, if all the competitors really have to drop their prices, then everyone will have a great phone worth $100 and not a lot can be said on the fashion sector. What I mean is this: I like buying a great phone with great functionality...but I also buy a phone that looks good and a phone that most people around me want - if they could afford it.
