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Why this year's top tech gifts cost about a grand

Why this year's top tech gifts cost about a grand

You may notice something different about the prices of the tech products that companies are pushing the hardest this year: They're four digits.

Technology companies, which make the bulk of their money during the holiday season, are starting to diversify more and move upscale. Which means there are more Lamborghinis and Ferraris of tech sitting in the spots that used to be occupied by Lexuses. (Splashy tech gifts, after all, are never that cheap.)

Take mobile phones released this fall, for instance: Apple's newest premium phone, theiPhone X, is $999 — far more than the $649 that used to net you the latest iPhone. Samsung's Galaxy Note 8 starts at $950, up from $850 from last...

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