In 1992, IBM brought to market its first smartphone, the Simon Personal Communicator. It was a revolution then. The phone could be used not only to make calls but also to send a fax, email, and text. It cost $899 at the time, which in today’s value works out to approximately $1,435—almost the price of an iPhone 11 Pro Max. Interestingly, as opposed to the iPhone, the legendary Simon reportedly retained charge only for one hour.
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