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Computers Quote by Walter Isaacson

“When it came time to announce the price of the new machine, Jobs did what he would often do in product demonstrations: reel off the features, describe them as being “worth thousands and thousands of dollars,” and get the audience to imagine how expensive it really should be. Then he announced what…” quote by Walter Isaacson
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““When it came time to announce the price of the new machine, Jobs did what he would often do in product demonstrations: reel off the features, describe them as being “worth thousands and thousands of dollars,” and get the audience to imagine how expensive it really should be. Then he announced what he hoped would seem like a low price: “We’re going to be charging higher education a single price of $6,500.””

Walter Isaacson

About This Quote

Source Book: Steve Jobs by Walter Isaacson, 2011

Jobs used inflated value framing to justify a high price, then presented it as a discount.

In simple terms: Jobs made a high price seem like a bargain.

Key Takeaway

Recognize framing tactics in sales.

Themes

marketing psychology pricing

Mood

critical analytical

Type

business psychological

When to use this quote

  • business negotiations
  • personal budgeting
  • advertising analysis

Key Concepts

framing effect value perception consumer behavior

Questions to Reflect On

  • What pricing strategies influence your purchases?
  • How can you spot inflated value claims?
A Different Perspective

Consumers may still overpay despite awareness.

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