> that we can just dial it up and charge 10x for it?
Maybe you don't get 10x but like cars we can use more expensive materials, more expensive parts (cameras, cpu cores, screen quality).
Materials:
Apple's base model apple watch is aluminum, while the higher tier is stainless steel. They also lock the neutral colors behind the higher price (which i think is annoying because color is not price dependent to make).
Performance:
Think about Apple's $5k monitor - the "Pro display XDR" from a few years ago. Today, apple sells the $1k iPad pro with a "XDR display" based on the same tech. They figured out how to build it, then later figured out how to scale down the price and scale up the process.
Maybe you don't get 10x but like cars we can use more expensive materials, more expensive parts (cameras, cpu cores, screen quality).
Materials:
Apple's base model apple watch is aluminum, while the higher tier is stainless steel. They also lock the neutral colors behind the higher price (which i think is annoying because color is not price dependent to make).
Performance: Think about Apple's $5k monitor - the "Pro display XDR" from a few years ago. Today, apple sells the $1k iPad pro with a "XDR display" based on the same tech. They figured out how to build it, then later figured out how to scale down the price and scale up the process.