Dan, thanks for your comment and good point.
It's tricky to value these things... For instance at those 1976 levels, the Apple 1 would cost more than $2,600 today and today's low-end iPad 2 would have cost about $100 in 1976. Clearly the functionality is orders of magnitude different.
An amazing achievement.
The Apple I cost $666. The current iPad is only slightly less, but with vastly greater functionality. If there is a race to the bottom, it has been moving at very low speed. Smart to draw a distinction between highly functional consumer electronics and low-cost, minimalist gadgetry. Also smart to be aware of pricing conditions in different markets.
As we unveil EE Times’ 2015 Silicon 60 list, journalist & Silicon 60 researcher Peter Clarke hosts a conversation on startups in the electronics industry. Panelists Dan Armbrust (investment firm Silicon Catalyst), Andrew Kau (venture capital firm Walden International), and Stan Boland (successful serial entrepreneur, former CEO of Neul, Icera) join in the live debate.