MLUG: Re: [MLUG - DISCUSSION] Apple just dropped the price of the iPhone by$200
Re: [MLUG - DISCUSSION] Apple just dropped the price of the iPhone by$200
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On Thu, 6 Sep 2007, Jonathan King wrote:

Boy, there must have been a *lot* of unhappiness, given that this just happened:

http://www.apple.com/hotnews/openiphoneletter/

I guess this is just the kind of thing you have to do to keep your personality cult alive. :-)


I'll bet. The $100 off is clever because it is likely that they will use it to buy an iPhone or iPod as a Christmas gift for a friend or relative, which means more new users for Apple.

Of course we all agree with Steve Jobs on this:

   ...there is always someone who bought a product before a particular
   cutoff date and misses the new price or the new operating system or the
   new whatever. This is life in the technology lane.

That's just how it goes. The bleeding edge is pricey and risky and all investments there are very bad ones. Depreciation on many kinds of equipment is something like 10% per annum, but in tech it must be more like 30%, or maybe an exponential function with more like 50% loss per annum. If you're trying to save money, don't buy computers or iPhones.

Mike

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