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You are here: MacNN Forums > Hardware - Troubleshooting and Discussion > iPhone, iPad & iPod > iPhone Price Drops $200 after only 2 Months

iPhone Price Drops $200 after only 2 Months (Page 2)
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mduell
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Sep 5, 2007, 05:24 PM
 
I love it, and I've been suggesting the video game console makers do it for years.
Release the product for 3x reasonable retail ($1000 for an iPhone/PS3/Xbox360) to ensure there are no supply shortages. Drop to 2x a couple months later as demand slows. Drop to 1.5x after 6-8 months. And drop to the reasonable price ($300ish for the same list above) after a year. Huge profits to be made, no shortages at launch, and reasonable prices for those who don't have to have the latest widget.

Or maybe Apple negotiated a better contract with AT&T (I've heard a $20/mo figure lately) after the launch went well. More customers (many switching carrier) for AT&T, more continued revenue for Apple.
     
jmichael
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Sep 5, 2007, 05:30 PM
 
60-plus days to such a substantial price drop would probably had gotten my attention had I been an early iPhone buyer...still I sense way too much emotion being vented as it all sinks in. It seems to me for those so upset now about "getting screwed by Apple", I wonder if they would be as upset if the price cut had come (say) at 90 days, or 120 days. What's an acceptable point in time after product introduction when a manufacturer can reduce a selling price...given that the product is selling well...like the iPhone? Who can say with certainty.
     
Hi I'm Ben
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Sep 5, 2007, 05:34 PM
 
Originally Posted by goMac View Post
The only thing holding me back from getting an iPhone now is losing in network calling on Verizon.

Although I will be constantly mumbling about no 3rd party apps...
You need to do some internet searching... there are installable 3rd party apps for iPhone.
     
malemutekid
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Sep 5, 2007, 05:39 PM
 
I doubt that Apple cares you feel screwed out of $200. Welcome to capitalism. I haven't been paying that much attention to these boards, but it seems like many of the reviews I have read said that the iPhone wasn't that great of a phone.
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Angelo78
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Sep 5, 2007, 05:41 PM
 
This is truly f'd up Apple! I wouldn't have blinked an eye at a $50-75 drop on both models, but $200 on the 8GB and most likely phasing out the 4GB (which I own) is messed up. I always say to people how well Apple has treated its customers but as time passes I have less and less faith in them. I liked it better when they were less known and more respectful of its customers. I guess it's all just big business as usual though. F#$%ing asses.

To be clear, I do recognize that they are around to make money. In the past however it seemed as though they were more in touch with things and less likely to pull this crap. Now they are getting more popular with the mainstream and this happens. Lesson learned here...I certainly won't be in line for any new Apple products released in the future.
     
elvis2000
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Sep 5, 2007, 05:44 PM
 
The rule is and always has been... NEVER buy 1st gen Apple products. Remember 1st gen iMac only lasted a few months also.

How many times must this be said? 1st gen Apple buyers get screwed, it's a known fact.
     
krove
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Sep 5, 2007, 05:46 PM
 
Originally Posted by mduell View Post
I love it, and I've been suggesting the video game console makers do it for years.
Release the product for 3x reasonable retail ($1000 for an iPhone/PS3/Xbox360) to ensure there are no supply shortages. Drop to 2x a couple months later as demand slows. Drop to 1.5x after 6-8 months. And drop to the reasonable price ($300ish for the same list above) after a year. Huge profits to be made, no shortages at launch, and reasonable prices for those who don't have to have the latest widget.

Or maybe Apple negotiated a better contract with AT&T (I've heard a $20/mo figure lately) after the launch went well. More customers (many switching carrier) for AT&T, more continued revenue for Apple.
It's called market forces or supply and demand. If supply is constrained and demand is high (as it was for the iPhone during the first few months after release), then price necessarily will be high! This is Economics 101. Everyone that bought the phone at this peak time knew the iPhone was a hot commodity and still is. Now, supply has improved, demand is still strong but more inline with that supply, so price drops.

To think that Apple does not operate by market forces but rather some quasi-benevolent socialism geared towards customers is pure delusion. Don't get me wrong, Apple treats its customers well with customer support, building great products that we want, and giving us fair deals as warranted by the marketplace.

You guys should be cheering the price drops because Apple will now sell even more iPhones, which means more clamoring for Apple-sanctioned 3rd party apps, and death to all those other legacy phone makers. Muhahaha!

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Sep 5, 2007, 05:48 PM
 
I've never seen Apple drop a price on something this new and this hot so dramatically. 33% price drop is huge for something that cost $600. I feel the sting, thats for sure. And the "word of mouth" buzz that Apple gets is going to go sour for a while. I predict a major backlash from early adopters, and a general bad taste in everyone else's mouths.

But as many other people have said, I'm through being an early adopter. I won't be duped again. Fool me once...

And I really hope Apple tries to make up for this move. At the very least, give the early adopters an Apple Store gift card for $100 or something. Or a free copy of Leopard. Something!
     
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Sep 5, 2007, 05:49 PM
 
Originally Posted by elvis2000 View Post
The rule is and always has been... NEVER buy 1st gen Apple products. Remember 1st gen iMac only lasted a few months also.

How many times must this be said? 1st gen Apple buyers get screwed, it's a known fact.
But you're talking about bugs and things like that. We've dealt with that with the iPhone for sure. We all knew it going in. But this is unprecedented for Apple. Sure they've dropped prices before, but not this drastically and not this soon after launch. Its a different situation.
     
elvis2000
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Sep 5, 2007, 05:51 PM
 
It's called price discrimination. Sell to the chumps willing to spend $600 on a *freaking phone* then sell for a more reasonable price to everyone else. It's what you get for overpaying in the first place, for a phone that the general marketplace deemed far too expensive.
     
Drakino
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Sep 5, 2007, 05:54 PM
 
Originally Posted by icruise View Post
Apple went a long time without releasing any kind of sales numbers, and never came out with the kind of triumphant "look how many we sold" press release that they love so much. I'm not saying the iPhone was doing badly, but I know it was doing worse than they had hoped. If you disagree, what is your explanation for this price drop?
Ok, following that logic, where is the 33% price drop on the Apple TV? Jobs himself has touted it as one of the 4 legs of Apple, with the Mac being one, iPod/iTunes the second and the iPhone the third.

I've been an Apple customer since OS X came out, and generally happy. I've bought two laptops now for myself the day of the announcement (Powerbook G4 15 inch Aluminum, and Macbook Pro), along with a MacBook right at release for my sister. Bought a Mac Mini Intel the day of release as well. And tons more stuff beyond that. Never before has Apple dropped any of these products in price 1/3 68 days after releasing them. Normally Apple's release and price schedules have been pretty consistent, and never had me going "wow, I was price gouged". But the iPhone price drop has me saying that. A $200 drop that quickly proves that Apple was simply taking in an insane profit on every iPhone, as it's highly unlikely the drop reflects a massive drop in costs for the device.

I'll be typing up a letter tonight to express how unhappy with this decision I am to add to the feedback I'm sure Apple is getting. While it's not enough to shift me away from OS X completely, it is enough for me to stop anticipating new product releases, and seriously reexamining my needs for Apple products. I've been tempted to buy a Mac Pro when the video cards are updated to use as a gaming wintendo desktop and OS X desktop, but I may just go with a PC and keep the MacBook Pro around as the OS X machine. Because who knows, Apple may decide to jack up the price of the Mac Pro when it is refreshed, then cut it by a third 70 days later.
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BLuEWeed
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Sep 5, 2007, 06:15 PM
 
They should give us Leopard free or something.. or an iPod Nano.. you know since money doesn't look like a possibility of getting back, better yet BOTH!!!!!!!!!
     
darkmatter
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Sep 5, 2007, 06:33 PM
 
Hi

Just some ideas that may be wrong:

a) Sorry but so it's first adopters life, Apple is premium in price and in products.
b) Apple is preparing to the mother of all wars in the Mobile Phone market: Europe->Nokia (N95 Black)
c) Apple Business is not Mobile Phones.
d) iPhone is EDGE/GPRS based, premium customers in Europe only care about HSDPA and above (healthy price reduction)
e) Let's see how hurts Apple all those 6-7 months of iPhone hype with no new Macs and no new Apple Products
f) IMPO the new iPods are wonderful, real Apple's philosophy products
g) I like the iPhone but prefer a WiFi capable iPod touch, a Nokia 1110i or just any legacy one is a great mobile phone
h) It makes also sense iPodTouch + Mobile Phone = $299 + $100, the iPodTouch needs a place where to live

Just my .0001 cent
Best Regards and don't get angry
( Last edited by darkmatter; Sep 5, 2007 at 07:04 PM. )
     
starman
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Sep 5, 2007, 06:37 PM
 
I'm getting sick of people saying "too bad, early adopters".

We KNOW we're paying more.
We KNOW the price will drop

We've NEVER seen the price drop THIS FAST.

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ph0ust
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Sep 5, 2007, 06:48 PM
 
so will you guys be even more pissed if this is true??? (source: engadget)

Where the hell is the 3G iPhone for Europe? We might know. - Engadget

The only thing more slippery than an iPhoneSIMFree release date has to be the magically, mystical 3G iPhone rumored for Europe. At least with the latter, Apple has been kind enough to drop a few dreggy hints. Add 'em all up and Apple Expo -- kicking off September 25th -- seems to be the prime time for Apple to announce a new flagship 16GB, 3G iPhone. Don't believe it? Check this:

>Berlin's IFA show is over with nay a peep from Apple or from the major European carriers about a European iPhone, even though the deals seem pretty well sewn-up.
>Apple's current top-o-the-line 8GB iPhone just received a remarkable $200 drop in price. That opens the door for another iPhone priced at what's been proven to be a consumer-acceptable, $599 price point.
>That $200 easily buys Apple a total of 16GB of NAND flash (about $70 for the extra 8GB) like that found in their new iPod touch as well as a tri-band HSDPA radio with plenty of profit left over.
>Apple told us during the Q3 fiscal call that more information about the European iPhone would be made available at the end of their current -- big product transition -- fiscal quarter which ends September 30th.
>Apple Expo has seen the launch of the redesigned iMac G5 and other Apple products in the past.

Pretty strong case eh? Of course, we're only speculating, but we're not alone. In fact, 9to5Mac who burst onto the rumor scene recently with their nano "fatty" and iPod touch details was humming a similar tune just a few weeks ago. Apple Expo kicks off in 20 days, anybody else booking their flights?
     
theDreamer
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Sep 5, 2007, 07:22 PM
 
What is wrong with that?
We have known for some time that the iPhone Euro version will most likely be 3G, how many places have 3G in the US? Only major cities currently, and even in some it is lacking very heavily.
     
Cold Warrior
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Sep 5, 2007, 07:25 PM
 
but 3G is being built out in the US, right?

I'm convinced Apple will use the $600 price point to introduce a 3G iPhone for Europe and the US.
     
Zeeb
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Sep 5, 2007, 07:31 PM
 
Originally Posted by icruise View Post
We really have to think about the reasons for this drop. The reason the stock market is reacting badly is that it looks almost like a move of desperation. Companies simply don't reduce a product's price by 1/3 if it's doing fine.

It seems unlikely that they had this move in mind from the beginning. Maybe a smaller (~$50-$100) drop toward the end of the year, or to coincide with the release of the iPod Touch. You can't have something with twice the memory and most of the features selling for $300 less than the iPhone. But even so, a $200 drop in a matter of weeks? I can't remember that happening with any product I've bought EVER. I think it's pretty clear that the iPhone (while selling a respectable amount) was not performing up to Apple's expectations. And the galling thing is that if they can drop the price by so much now, they could have sold it for this price from the beginning. Imagine the reaction the iPhone would have gotten if it had debuted at this price.

I still love my iPhone, but I really think that Apple needs to recognize that it was a big deal for a lot of us to plunk down $599 for a cell phone, and that we've been defending that decision to our friends and family (and complete strangers) ever since. Now we look like chumps. Just give us an iTunes gift certificate or something to show that we're appreciated.
A company offered a product at a particular price. You assessed its features and decided to buy it--whose responsibility is that? If you plunked down $599 for a phone you should not be the type of person to be concerned about price. If $599 *was* a significant investment for you--you probably shouldn't have bought it in the first place if you couldn't afford it. I know there was no way I was gonna spend $599 for something as insignificant in my life as phone.

It's amazing people complained the iphone was too expensive even though they stood in line desperate to buy one. Now apple lowers the price and people still complain.
     
mduell
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Sep 5, 2007, 07:34 PM
 
Everyone knew the margins on the iPod hardware were huge. A $600 device with $250 worth of hardware is ripe for a price drop. The $400 phone (which becomes subsidized to a $200 phone) + $200 music player = $600 iPhone never made sense to me. I'm surprised and frankly pleased that Apple cut the price like this.

For all the people who are unhappy, you're selfish. You were happy to pay $600 for it two months ago, and you're just upset because now someone else can have the same device for less. If you didn't think the iPhone was worth $600 two months ago, you shouldn't have bought it.
     
butterfly0fdoom
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Sep 5, 2007, 07:35 PM
 
Well, my iPhone was certainly worth $599. The price cut just makes a great deal for those that didn't want to dish out $600 during the first two months.

But a free nano would be nice to quell the anger of us early adopters. The blue one looks totally awesome, Apple, if you're reading this. (I'm just kidding. I'm not really angry about the price cut, I'm slightly peeved about the two months part.).
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theDreamer
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Sep 5, 2007, 07:45 PM
 
Reason for the price drop:
~Apple stated they are reaching there 1 million market for the iPhone, which is great news for Apple and AT&T. Yet what is actually a good number of sells for a phone? Obviously the highest number you can get, but what is reasonable without bending over backwards to get customers? I believe that Apple/AT&T is getting close (or has) reached that number that they were expecting to sell before a price drop. So they reach said number and now why hold out, instead drop the price and grab those people who are waiting for said drop. Now they have more people in contract, bought said phone, and will be buying "extras." (Extras include phone accessories, ring tones, other features)

Just my thought.
     
Moonray
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Sep 5, 2007, 08:03 PM
 
Originally Posted by starman View Post
I'm getting sick of people saying "too bad, early adopters".

We KNOW we're paying more.
We KNOW the price will drop

We've NEVER seen the price drop THIS FAST.
You probably have seen something similar: a price drop together with a hardware upgrade like more RAM, faster CPU, bigger HD, better graphics card, bigger display or something like that. There you have to add the value upgrade on the hardware to the price drop. (Don’t ask me for examples!)

This time it’s just the price and no better hardware. If Apple had dropped the price by only $100 but had doubled the memory and added or upgraded some other hardware niceties on the iPhone most likely less people would complain here.

And:
If you count in your monthly phone bill to the costs of your iPhone, the total price for using your iPhone has changed even less. (Would anyone complain if AT&T cut off 30 % of the price for their monthly plan?)

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ph0ust
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Sep 5, 2007, 08:09 PM
 
Originally Posted by theDreamer View Post
What is wrong with that?
We have known for some time that the iPhone Euro version will most likely be 3G, how many places have 3G in the US? Only major cities currently, and even in some it is lacking very heavily.
i didn't say anything was wrong with it. i asked if everyone else would be bummed because if it is true.... in some 20 days or so there will be an iphone with twice the memory and able to run way faster cellular data rates for the same price people paid not 3 months ago (at that time). personally, i hope it is true, because for $200 over the price of the ipod touch i also get a phone. and if i wait a couple months it will get cheaper of course, who knows if it is true.....
     
icruise
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Sep 5, 2007, 08:34 PM
 
Originally Posted by mduell View Post
For all the people who are unhappy, you're selfish. You were happy to pay $600 for it two months ago, and you're just upset because now someone else can have the same device for less. If you didn't think the iPhone was worth $600 two months ago, you shouldn't have bought it.
Bull. It's not stupid to assume that Apple would stick to more or less the same release/price drop cycle that it's used for the entire lifetime of the iPod, and it's not selfish to be upset that you paid $200 more than you had to for a product. I can afford it, mind you. It's primarily a psychological issue.
     
OldManMac
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Sep 5, 2007, 08:36 PM
 
I'm really pissed! In 1995, I bought an NEC Pentium 100, with 4MB RAM, and a 100MB hard drive, a 17" NEC CRT, and a Brother Laser Printer, and I paid almost $4500 for this set up, and now Apple's offering a 24" iMac with a DVD burner, and vastly more speed and features for less than 1/2 of that, and I can buy a laser printer for under $200, bringing it to still less than half that! I want to know what someone's going to do about this!!

Oh wait; I thought all that stuff was worth it then; never mind.
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icruise
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Sep 5, 2007, 08:39 PM
 
Originally Posted by OldManMac View Post
I'm really pissed! In 1995, I bought an NEC Pentium 100, with 4MB RAM, and a 100MB hard drive, a 17" NEC CRT, and a Brother Laser Printer, and I paid almost $4500 for this set up, and now Apple's offering a 24" iMac with a DVD burner, and vastly more speed and features for less than 1/2 of that, and I can buy a laser printer for under $200, bringing it to still less than half that! I want to know what someone's going to do about this!!

Oh wait; I thought all that stuff was worth it then; never mind.
My god, you're right! It's exactly the same thing!
     
tracemhunter
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Sep 5, 2007, 08:52 PM
 
I was going to just opt for one of the high end Nokia phones but this price drop renewed my interest. I am going to pick up one over the weekend along with a MacBook. I went to the store a few minutes ago to see if I really wanted it and within the 10 minutes I was in there messing with it, at least 10 people came in and just said, "I want an iPhone." They didn't need to be persuaded by a salesman or anything.
     
mduell
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Sep 5, 2007, 08:53 PM
 
Originally Posted by icruise View Post
Bull. It's not stupid to assume that Apple would stick to more or less the same release/price drop cycle that it's used for the entire lifetime of the iPod, and it's not selfish to be upset that you paid $200 more than you had to for a product. I can afford it, mind you. It's primarily a psychological issue.
How many days should Apple wait for a 33% price cut to please you?

Just because some assumptions you pulled out of thin air were wrong doesn't mean you should be upset.
     
osxpinot
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Sep 5, 2007, 08:54 PM
 
You'd think that Apple would at least offer the early adopters who got gouged the full $599 a waiver for the .99 ringtone charge.
     
OldManMac
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Sep 5, 2007, 09:14 PM
 
Originally Posted by icruise View Post
My god, you're right! It's exactly the same thing!
Of course it was an extreme example, but the point, as has been demonstrated here by a bunch of whiners, was that sometimes you win in life and sometimes you lose, and that's especially true for early adopters in new technology. As others have already pointed out quite succinctly, whoever bought an iPhone at initial release for $599 thought it was worth it, and now, all of a sudden, it wasn't worth it? They paid what they perceived as fair market value for a product they wanted, end of story! Should Apple have contacted them and asked for their permission to drop the price?

Life isn't fair sometimes; get over it and move on, and if you're making ridiculous statements that you'll never buy a Mac again, etc., etc., then you're displaying emotional immaturity and not recognition that sh1t happens.
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icruise
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Sep 5, 2007, 09:44 PM
 
Originally Posted by OldManMac View Post
Life isn't fair sometimes; get over it and move on, and if you're making ridiculous statements that you'll never buy a Mac again, etc., etc., then you're displaying emotional immaturity and not recognition that sh1t happens.
Did I say that? Did anyone?
     
Kadman
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Sep 5, 2007, 09:51 PM
 
My vote goes for "They saw millions of units of a mediocre product and needed to provide an incentive to sell the things."

At $599 it was idiotic. At $399 it's just in the "unjustified" price range.
     
krove
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Sep 5, 2007, 09:54 PM
 
Then what is the point of this thread?

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Visnaut
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Sep 5, 2007, 10:06 PM
 
Originally Posted by krove View Post
Then what is the point of this thread?
A shoulder to cry on.
     
Cold Warrior
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Sep 5, 2007, 10:07 PM
 
Originally Posted by Kadman View Post
My vote goes for "They saw millions of units of a mediocre product and needed to provide an incentive to sell the things."

At $599 it was idiotic. At $399 it's just in the "unjustified" price range.
Have you used one for more than a couple minutes?

$400 is completely justified if you want a mix of music, movies, tv episodes, email, internet, apps, and phone on a single device tied together in a quality hardware package and amazing user interface. Otherwise, I guess it's not for everybody.
     
Krusty
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Sep 5, 2007, 10:29 PM
 
I'm sorry to pee on all you guys who are upset about the price drop. Look at Computers, look at iPods, look at gaming consoles. Now throw all that out the window and look at cell phones. Cell phones drop dramatically and rapidly after initial launch almost as a matter of course. It's not at all uncommon to see a phone drop "$599, $399 with contract" to "$199" with contract in a matter of a few weeks (a 50% drop!!). I say this as a person who bought a "$299" Nokia at Cingular for $199 only to see it become one of their "free with contract" phones in a matter of a couple months (100% drop ??) That's the cell phone market for you .... way, Way, WAY more volatile and way, Way, WAY faster depreciation than run of the mill consumer electronics.

Given that the iPhone went from zero on 6/29 to the absolute number one selling smartphone for the month of July (from nothing to market leader) and that it has created a large number of extremely high dollar phone/data contracts for Cingular (nearly a million), and has resulted in a significant number of switchers who have cancelled contracts with other carriers, who wants to bet that the price drop may well be the result of a new bulk commitment/subsidy agreement between Cingular and Apple.

Bottom line: Don't flake too hard on this ya'll. The price drop may be atypical of Apple but it is NOT odd in the world of subsidized cell phones. Peace ... and enjoy the wonderful device that you gotten to use for 2 months before it became the commodity it is bound to become now that it is more accessible.
     
icruise
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Sep 5, 2007, 10:31 PM
 
The people saying that I and others are just being selfish because we want the iPhone to remain exclusive or some such nonsense couldn't be further off. I said all along that I expected the price to fall eventually. Price drops in general are a good thing. But "eventually" is not one or two months after it's introduced. Hell, the 5G iPod was introduced on October 12th, 2005 and wasn't updated up September 12th, 2006! And even then, the update was a very minor one. Similarly, the enhanced 5G iPod was around from September 12th, 2006 until today. Most iPod models have enjoyed similarly long stretches with no updates or price cuts.

And it's not true that the price cut doesn't affect current owners -- just try and sell a second-hand iPhone now. The value has plummeted. When you buy something like the iPhone, you don't expect it to depreciate so suddenly, or by so much.
     
maxx9photo
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Sep 5, 2007, 10:35 PM
 
Apple has just bad luck with AT&T and ever since the guy succeed to hack the iPhone and the iPhone clone from china so now they just offer the iPhone lower to get more customer cause they know people will go away from AT&T (their business conduct is sucks). I'm glad those fool enjoy their $599 for short period and now time to hunt iPhone "used" for $200 LOL.
     
turnedge762
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Sep 5, 2007, 10:49 PM
 
I just complained on Apple's support site. http://www.apple.com/support/ We should flood that thing with complaints to get Apple's attention.
     
mduell
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Sep 5, 2007, 10:51 PM
 
Originally Posted by icruise View Post
And it's not true that the price cut doesn't affect current owners -- just try and sell a second-hand iPhone now. The value has plummeted. When you buy something like the iPhone, you don't expect it to depreciate so suddenly, or by so much.
That's simply naive. If you look at other phones, the cell phone market is probably the fastest value dropping consumer electronics market around. No reason to think Apple would do any differently, especially when the first gen is missing so much.
     
AC Rempt
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Sep 5, 2007, 10:56 PM
 
Thing is, my money is spent, and if I knew back on the day I spent all day in line to get my hands on this phone that the price would drop like this in two months, I would still line up, cash in hand. I love my iPhone, it works seamlessly with my Mac and a price drop doesn't make it any less bitchin'

I don't feel nearly as bad as some of the suckers who sat in line all week to be the first to see The Phantom Menace. All they got was a lousy movie, and I got me an excellent phone.
     
icruise
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Sep 5, 2007, 11:07 PM
 
Originally Posted by mduell View Post
That's simply naive. If you look at other phones, the cell phone market is probably the fastest value dropping consumer electronics market around. No reason to think Apple would do any differently, especially when the first gen is missing so much.
So you knew this was coming did you? Maybe I'm "naive" but I don't recall any other smartphone dropping 1/3 in price two months after it was first introduced. (Remember, this was the initial launching of Apple's flagship device, not the introduction of some minor model of Treo or something). In any case, I'm not saying we should boycott Apple, and I'm not saying we should sue, or any other such nonsense. All I'm really asking is for people to admit that it's natural to be upset at this price drop.
     
villalobos
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Sep 5, 2007, 11:08 PM
 
Wow, this is whining central here... Everybody and his dog realized that the iPhone was overpriced, but still lots of people decided to buy one and some here spent their last pennies for that apparently

I hope Apple does not give any money back beyong their standard policy. If you bought the iPhone at $599 initially, it is presumably because you had the means and the use for it. If not...
     
icruise
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Sep 5, 2007, 11:12 PM
 
As for whether I would have bought the iPhone at launch if I knew it would drop like this, I'm not sure. I do love the device, so it's certainly possible that I would have decided to get it anyway (although it's not a forgone conclusion). But at least I would have been making that decision for myself.

By the way, I find it funny how the vast majority of people condemning the "whiners" here and elsewhere don't seem to have iPhones themselves. It's easy to criticize when it's somebody else, isn't it?
     
maxx9photo
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Sep 5, 2007, 11:13 PM
 
Funny thing is on my local craigslist ads, they are now still trying to sell 4gb iPhone for over $350 and that is just ridiculous. $150 is the best price for a used 4gb iPhone IMHO
     
villalobos
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Sep 5, 2007, 11:38 PM
 
Originally Posted by icruise View Post
By the way, I find it funny how the vast majority of people condemning the "whiners" here and elsewhere don't seem to have iPhones themselves. It's easy to criticize when it's somebody else, isn't it?
I can insure you that I would not give a **** about the price cut if I had one already. $200 is not really that much money to start with. I actually do not understand what the big deal is...
     
krove
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Sep 5, 2007, 11:42 PM
 
How do you know we don't have iPhones? I have one.

To somehow believe that Apple "shouldn't" alter pricing on new products for some length of time is ridiculous. It's completely subjective to help you justify your spending (or as some of you seem to intimate, wasting) $600. The money is spent, and you can't get it back, no matter what the current price of an iPhone is.

This, again, is addressed in Econ 101. If you pay $10 for a movie and discover the movie sucks half way through, do you walk out or stay for the rest of movie? If you're smart you walk away, realizing that the $10 is a sunk cost that you can't get back. Why would you also expend additional time on a wasted pursuit? The $600 is a sunk cost and nothing that happened or happens or will happen after the point of purchase will change that. Like the $10 wasted on a movie, you just have to get over it and move on.

How did it come to this? Goodbye PowerPC. | sensory output
     
AC Rempt
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Sep 5, 2007, 11:43 PM
 
Originally Posted by maxx9photo View Post
Funny thing is on my local craigslist ads, they are now still trying to sell 4gb iPhone for over $350 and that is just ridiculous. $150 is the best price for a used 4gb iPhone IMHO
Yeah, but now that they seem to be discontinued, they're collector's items!
     
DakarĘ’
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Sep 5, 2007, 11:44 PM
 
Ahaha
     
AC Rempt
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Sep 5, 2007, 11:44 PM
 
Originally Posted by villalobos View Post
I can insure you that I would not give a **** about the price cut if I had one already. $200 is not really that much money to start with. I actually do not understand what the big deal is...
Will you give me $200, please?
     
 
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