Engadget and Anandtech note a wonderful example of the idea that products are worth what you tell people they’re worth:
[…] Dell’s 2005fpw and Apple’s 20-inch Cinema Display use the exact same LG.Philips LCD (literally, it’s part# LM201W01). Of course, that 100%+ price differential can be a bit hard to swallow with the Dell going for as little as $350 on sale, and the Apple only today cutting their prices on the screen to $800 […]
Dell’s 20 inch display and Apple’s use the exact same LCD. And yet, if you set the Apple on your desk, everyone who dropped by would fawn over it for it’s superior engineering, while people would only want to know if you got a good deal on the Dell, if they said anything at all. The extra $450 is basically money spent buying a name (I suppose the marketing folks would say, “Buying a lifestyle”).