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Apple’s new USB-C iPhone cables and dongles are predictably expensive
(www.theverge.com)
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this post was submitted on 13 Sep 2023
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That's kinda dumb but also incredibly niche, prob low volume
I'm sure they're hoping people will buy them to connect to existing Lightning cables for charging, but the main use would be connecting to a handful of lightning-based peripherals.
Yes, niche use.