Their 1TB version is $1600 because they get away with charging $400 for $40 worth of storage.
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Cake day: December 6th, 2023
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I just extrapolate from NVMe SSDs which are currently ~$55 for 1TB, so ~$40 for 750GB = 1TB - 250GB. It’s really hard to find info about the true cost of internal storage on mobile devices.