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"At Priceonomics, we firmly believe that resale value is the best objective indicator of product quality."

I may have missed something, but given that prices are supposed to reflect the supply vs demand ratio (in a sane market), how can they end up "firmly" believing that resale value is an objective indicator for quality ?

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Because they like Apple and have some "data" that shows Apple is better. The only missing piece is how that data makes Apple better, and that's what this statement is for.

For the same reason that having only one car available won't make people pay exorbitant sums of money for it. People pay what they perceive the item is worth, typically based on quality. Sure, some people will always buy the cheapest car (or phone), but most people want a phone that will last. They'll pay a little more for a car/phone that will last longer.

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