One of the main benefits of technological advancements in the past couple of decades is that the price of tech is now actually cheaper.
Factors such as competition and more availability for different pieces of tech means that companies can offer a wide range of products for an affordable price.
For example, Apple has started offering cheaper variants of its iPhones – the iPhone SE can be picked up for £389 compared to the iPhone 13 pro max for £1,049.
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But this wasn’t always the case, a few decades ago technology was an emerging industry and new pieces of tech cost more than a pretty penny.
Research from Ebuyer has revealed how much classic pieces of tech from the past 50 years would cost if they were put on the market today at current inflation.
From the well-loved Nokia 3310 phone which is still infamous for its durability to the first PlayStation which revolutionised gaming consoles.
|Gadget||Original price||Inflation calculated price||Collector’s item value|
|Nintendo Game Boy||
|IBM Model 5150||
The Nokia 3310 was a piece of tech that reimagined the way people thought about mobile phones and is one of the most iconic gadgets ever created.
Praised for its great durability and long-lasting battery life, it became a bestseller for Nokia selling over 126 million units, and who can forget playing Snake on one of these bad boys!
Released in 1999, the Nokia 3310’s retail price was $160, and by using inflation figures to calculate its modern-day value, in 2020 that would be worth a handsome $350.
Sad to say that the classic Finnish mobile phone has not held its value, as you can buy one in good condition for around $40 online today.
The original PlayStation was released by Sony as a “console for adults” to rival Nintendo’s gaming consoles during the 1990s, which created the platform for Sony to go on and release four more iterations of the console, with the PlayStation 2 holding the record for best-selling gaming console of all time.
With classic games such as Crash Bandicoot and Spyro, the original PlayStation more than holds its place as an iconic piece of tech.
Released in the UK in 1995, the PlayStation’s retail price was $299, which in 2020 would be worth $783.
Coincidentally, that’s actually more expensive than the release price of its successor the PlayStation 5, which was released at $499.99.
Some collectors have even paid $9,000 for a special 10 Million Edition PlayStation 1, which was made to commemorate 10 million sales of the console around the world and only 100 units were produced!
Possibly THE most iconic camera of all time, the Polaroid Camera allowed people to take instant snapshots of their lives in an easy-to-use, affordable way.
This gadget is so iconic that there are modern-day physical limitations (almost 40 years after the first release!) and apps on smartphones that attempt to replicate the off-colour effect of the Polaroid.
Back in 1977, the Polaroid was launched at around $99 which in 2020 would be a whopping $450! Released at a similar time to the OneStep, a Polaroid 20×24 camera from the 70s would set you back an eye-watering $150,000 today as there were only 6 of them ever made.
The godfather of portable music players, the Sony Walkman was the first of its kind in terms of simplicity and affordability.
It welcomed the common use of headphones in public spaces, and it ran on AA which allowed it to travel fair distances between power sources.
The success of the Sony Walkman, selling over 400 million units, led to the creation of other iconic portable music players like portable CD players and the iPod.
When released in 1979, the Sony Walkman would have cost you roughly $150 which in 2020 equates to around $570.
The most expensive model ever released in the series is the Signature Series Walkman Digital Music Player which comes in at $3,200!
Nintendo Game Boy
This piece of gaming history revolutionised the way the gaming industry would move forward, taking players from having to play at home on their consoles with power sources to be able to play their favourite games on the go.
Thanks to the Game Boy, there was a massive shift in the gaming history which influenced over releases such as the Sony PSP and even Apple’s iPhone.
Including the updated model, the Game Boy Advance, Nintendo sold over 200m of these chunky handheld devices, and it was an absolute best-seller throughout the 90s.
In 1989 at its release, the Game Boy was launched at $69.99, which translates to $150 in 2020. This is cheaper than its modern counterpart today, the Nintendo Switch Lite, which is sold at $299.99.
For the collectors looking to buy a rare version of this console, the Pokémon Game Boy Advance SP Charizard Edition is one of the rarest out there; but it will set you back a pretty penny, with a mint condition version of this console being sold recently for $15,000!
IBM Model 5150
There were personal computers before its release but, the 5150 was the pioneer of computers made for use in the home, as before IBM decided to introduce the model, powerful computers were only ever used in an office environment.
This piece of historic tech was the starting place for all modern home computers, apart from Apple computers which have all been developed from the original Macintosh.
The 5150 was sold at around $1,500 upon release in 1981, which would be about $4,600 in 2020.
If you wanted to buy an original model of the 5150 today, you’d have to pay close to $2,900 to get one in working condition.