Apple slashes iPhone price

[Lespaul20]

http://news.yahoo.com/s/nm/20070905/tc_nm/apple_itunes_dc;_ylt=Ar9i2Ackso0NmONGQf7995is0NUE

My marketing Prof. was right but I didn't think this would happen this quick. $200 is a pretty large cut.

[nocturnx]

I want that giant one in the picture behind Steve. How much for that one?

[SonicVanguard]

Don't care...I still prefer a data network that's multiple times faster than AT&T (even when/if AT&T becomes real 3G).

[tigstah]

thats not a cut, thats an amputation. i'll be getting one of the nanos in the very near future tho......
my coworker is ticked. he purchased and iphone on launch day, and i told him about the cuts. he wants a rebate from apple. its been a lil over 60 days since it came out.

[HAL9000]

Yippee!!!.... still not getting one tho.... I do think they are pretty cool... and want one.. but it would end up being this toy that I don't use 95% of what it can do.

[David M]

I want that giant one in the picture behind Steve. How much for that one?

That one is being saved for Bill Gates. Because it is smaller than the Zune he carries around in the bed of his pickup truck. Steve just likes rubbing it in.

Funny the market sold off AAPL today. Apple will sell more units now. With the price cut, Apple is still selling the iPhone for more than its unit cost by $100.

I feel sorry for those who bought one for $600, but doesn't this happen all the time when the demand at original price is almost saturated?

[tigstah]

I feel sorry for those who bought one for $600, but doesn't this happen all the time when the demand at original price is almost saturated?

yes
but not this soon after launch......i would have guessed around the holidays.

[doctorgonzo]

I'm waiting for the Google Phone myself.

[Force Flow]

Three reasons why I'm not gunna bother with the iPhone: Google Phone, iPhone version 2, and $$$

[tomster2300]

Well the new ipod is now essentially an iphone without the phone capability. I think I might pay the extra cash if I were going to get one and get the phone as well.

[David M]

Apple really needs to add more memory for the iPhone to be taken seriously as an iPod replacement. I think eventually they will as the price for flash memory drops.

[XenaWP]

Guess they figured they got all the low-hanging fruit ....

[Jester]

In an open letter Jobs has said that he understands that apple should be kind to early adopters and is issuing 100 dollar rebates to customers.

[David M]

Hah...rebates. Lets hope they don't end up in the dumpster behind Apples corporate headquarters.

[jer888]

The Ipod "Touch". Oh man, guess all the over privlaged kids at my school are going to have to force their parents to buy the "sweetest ipod ever" so they can try and look sweet.

[Jester]

I mis-spoke. They are not giving rebates. They are giving store credit in retail and online stores.

I said just a week ago that the iPhone was too expensive. I spent 400 on my Slvr when I got it. I will save my money for the iPhone. There would be no reason for me to get the iPod touch. with the iPhone only 100 more why not get the "phone" function.

[tigstah]

cause some folks already have a phone. i need a phone for talking and a music player. dont mix mine thank you.

[FLG]

Even better news for those of you who have bought the Iphone

http://www.tgdaily.com/content/view/33734/145/

[Lespaul20]

I have no sympathy for those who bought it two months ago. If it was worth $600 then why is it not worth that now? Crybabies. They knew the price would drop eventually why does it matter when?

[doubledragon5]

I have no sympathy for those who bought it two months ago. If it was worth $600 then why is it not worth that now? Crybabies. They knew the price would drop eventually why does it matter when?

I agree, I never buy the newest items when they frist come out... I always wait at least a yr, cause you will see a drop in prices by then.

[David M]

Apologizing? Why? This is capitalism at its best. When the demand is high you are supposed to charge more and only when the demand tapers off do you drop the price. As an Apple shareholder this sort of ticks me off. Those people chose on their own free will to spend $600 for an iPhone...nobody forced them. They believed that the iPhone was worth $600 bucks to them. What about the owners of Apple?...where is our rebate Steve? How about a nice dividend in return for screwing us out of what would have been a better earnings report?

[jimmyrules712]

doesn't matter, the in-store credit will only increase apple's profit, not lower it. Think about it, most things that people buy from apple cost more then $100 anyway.

An apple $100 gift card could likely result in a person spend an extra $100 on top of it.

[Force Flow]

Apologizing? Why? This is capitalism at its best. When the demand is high you are supposed to charge more and only when the demand tapers off do you drop the price. As an Apple shareholder this sort of ticks me off. Those people chose on their own free will to spend $600 for an iPhone...nobody forced them. They believed that the iPhone was worth $600 bucks to them. What about the owners of Apple?...where is our rebate Steve? How about a nice dividend in return for screwing us out of what would have been a better earnings report?
Some people are too used to ebay and getting a deal. That, and some people have a problem with impulsive buying.

If I *had* bought an iPhone or some other pricey gadget, I just would've shrugged at the price cut. The store credit would've just been a bonus, and not something to "correct" the early price tag.

Always remember, you pay the price in more ways than one for the bleeding edge of technology.

[jimmyrules712]

fyi last friday I did order a 4gb iphone after i saw the price drop. I remember when the iphone was first introduced I thought to myself that I really want a phone with those kind of features, but I'm probably not willing to pay more then $300 for one.

Now what do you know, it drops right into my price range. smart move apple.

[doctorgonzo]

Apologizing? Why? This is capitalism at its best. When the demand is high you are supposed to charge more and only when the demand tapers off do you drop the price.

That's 100% true, but the funny thing about capitalism is that most people don't like to see it work in that manner. People get offended when they see a company act in a purely profit-making mode, such as this.

As a stockholder, I wouldn't get too upset. That $100 is Apple Store credit, which means a lot of it is going to go unused. Even if it is used, it will be used on purchasing more Apple products and building the brand.

[David M]

Apple sells the one millionth iPhone...ahead of estimates..(and pessimists). :)


http://today.reuters.com/news/articlenews.aspx?type=technologyNews&storyid=2007-09-10T151747Z_01_WNAS3719_RTRUKOC_0_US-APPLE-IPHONE.xml&src=nl_ustechnology

[mairving]

Apple sells the one millionth iPhone...ahead of estimates..(and pessimists). :)


http://today.reuters.com/news/articlenews.aspx?type=technologyNews&storyid=2007-09-10T151747Z_01_WNAS3719_RTRUKOC_0_US-APPLE-IPHONE.xml&src=nl_ustechnology
So you are back to being an Apple fan now that their stock is up?

[XenaWP]

fyi last friday I did order a 4gb iphone after i saw the price drop. I remember when the iphone was first introduced I thought to myself that I really want a phone with those kind of features, but I'm probably not willing to pay more then $300 for one.

Now what do you know, it drops right into my price range. smart move apple.

So they're $300 now?

That's only ... $300 more than I"m willing to pay for a cell phone.

[Strider]

iPhones could be $20.00 and I still wouldn't buy it.

[glc]

So you are back to being an Apple fan now that their stock is up?

Of course he is - he's a stockholder.

[Lespaul20]

iPhones could be $20.00 and I still wouldn't buy it.


Really? I'd buy for that even though I wouldn't activate it.

[David M]

So you are back to being an Apple fan now that their stock is up?

Not quite....I have been a fan and shareholder since their share price was down in the low 80's. It's had a nice run since then. I have traded in and out a few times towards the top. The other reason is that I replaced my broken Creative Zen MP3 player with an iPod...which I like much better. I admit it, I am much more of an Apple cheerleader than before. In fact, Mac Medic and I are the best of buddies now! :)

Overall I am very bullish on Apple because of increased computer sales and sales of innovative new hardware. The company comes out with something new or something improved a few times a year, which is saying a lot more than other tech related companies that sell consumer products. Revenues are way up as well. I don't see an end or a shortfall of new products or existing product improvements coming down the pipeline either.

To answer your question mairving, I went from not thinking much of the company last year to really liking the company this year, both from an investor and a consumer perspective.

[HAL9000]

Hey, that beats being an AMD cheerleader. :)

LMAO.. now that's funny.

[jimmyrules712]

speaking of the subject, I'm posting this message from my new shiny iPhone!

[David M]

speaking of the subject, I'm posting this message from my new shiny iPhone!

Tell us what the pluses and minuses are. How is the connection speed in your experience?

[jimmyrules712]

I ran a speed test while just using edge (not wifi) and got 87kbps. I ran the same test a second time and got 126kbps, so there is a bit of inconsistency there. I'm also in manhattan kansas so the edge speeds may not be what they are in a large city.

typing on the keyboard seemed difficult at first, but as I got used to it I figured out some smart little things apple did to make it easy. It's hard to explain if you haven't done it, but I think I'm only typing a little slower then what i was doing on my treo 650, and as I get more used to it I will get better.

there's a few small functionality things that apple left out that I would hope and imagine will be added in with an update or future release, my biggest wish being the ability to start typing a contact name and the phone searching up possibilities as you do.

Other then a few somewhat common features that seem to be missing I have nothing to complain about. I love how seamlessly it switches from edge to wifi and back when I move around.

I haven't even gotten the chance to put music on it, so no comments on the music player yet. Spent most of my time so far getting my contacts moved over and setting up my calendar and email.

also, I had no trouble activating it through itunes. It took about 2 minutes and I was up and running.

[jimmyrules712]

i also want to add this. I just used the visual voicemail feature for the first time today and i'm pretty impressed. I've kind of forgotten over time how annoying most voicemail systems are, this is amazing.