And Mom decides not to buy an M2, which makes perfect sense (to me) - most people's income eventually somewhat maybe adjusts for inflation at some time, but prices on milk and stuff adjust much faster.
One of the best ways to look at the effects of inflation is how long between "upgrades" of various things like cars, computers, phones, TVs, etc.
Also, everyone and their mother wanted to buy the M1 when it came out, because it was just so much better than what came before; but there's no real pressing reason to upgrade to the M2 from the M1, so most of the new purchases will be the last few Intel hold-outs upgrading, or new customers.
At $999 and a major performance increase, a new laptop might be a no-brainer (especially compared to replacing batteries, etc).
One of the best ways to look at the effects of inflation is how long between "upgrades" of various things like cars, computers, phones, TVs, etc.
Also, everyone and their mother wanted to buy the M1 when it came out, because it was just so much better than what came before; but there's no real pressing reason to upgrade to the M2 from the M1, so most of the new purchases will be the last few Intel hold-outs upgrading, or new customers.
At $999 and a major performance increase, a new laptop might be a no-brainer (especially compared to replacing batteries, etc).
But at $1199 and a minor increase, why bother?