iPhone Price Drop is a Tough Pill to Swallow
Wed Sep 5, 2007 10:27PM EDT
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One thing I've learned as a consumer is that it doesn't pay to be an early adopter of Apple products, hence why I waited to buy an iPhone. As soon as I heard the iPhone's price dropped to $299 and $399, I couldn't help but think about all the people that paid full price for an iPhone yesterday or even two months ago. Apple reported selling 270,000 iPhones in June, and that's not including sales in August or September. That's already a lot of angry customers. So was it worth paying an extra $200 to have an iPhone two months early? One Crave editor seems to think so, but try telling that to the thousands who bought an iPhone not knowing it would have such a dramatic, sudden price reduction. Angry customers are flooding the Apple forums with complaints about the $200 price drop, and even asking for compensation. FauxOne says, "I may never buy one of your products until I see its first price drop or upgrade...You have one million people who are feeling exactly as I am right now." Fourteen year-old Violin93 says the price drop "felt as if I had just gotten hit by a bus."
Much of the resentment is about the way the iPhone depreciated in value in less than 67 days. Jeremy Riga says, "I am NOT angry at the $200 price drop. I'm angry that Apple has decided NOT to keep the VALUE in the iPhone (or that it wasn't there to begin with). Because as a savvy consumer I understand the difference between buying something of value, and something that is overpriced. I bought the iPhone because I was sold, at $600, on the VALUE. Now today I am finding that I was wrong - it was NOT worth $600 - it was worth $400, perhaps even less. Thus, it was overpriced and I was over-sold by someone I have trusted to sell me worthwhile, and valuable products in the past. Steve Jobs."
Early adopters of the iPhone even started an iPetition asking Apple to compensate them with a discount on Apple hardware or iTunes credits. What do you think? Should these early adopters suck it up or be compensated?
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Comments on iPhone Price Drop is a Tough Pill to Swallow
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2 Posted by winbear8 on Thu Sep 6, 2007 3:24AM EDT Report Abuse
Apple is dirty for dropping the price so quickly. It's a slap in the face for the loyal Apple lovers.
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3 Posted by tokengrl1 on Thu Sep 6, 2007 10:06AM EDT Report Abuse
serves everyone right for jumping on the bandwagon so early on a new toy. While the iPhone is pretty, and I love my Mac products, no way am I jumping to crappy AT&T to use something that's a first gen product. Until Sprint can get the iPhone, and it's on at least generation 2, I'll stick with my Treo and iPod Mini for everything I need.
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4 Posted by yozgatci on Thu Sep 6, 2007 2:52PM EDT Report Abuse
i feel cheated. I'd never buy an apple products anymore. that's it for me.
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5 Posted by willieshac on Thu Sep 6, 2007 3:07PM EDT Report Abuse
Anyone who was foolish enough to buy any sort of technology right out of the gate completely deserves this... Since when did prices for anything ever NOT fluctuate. The signs have been there for years....you *never*, *ever* get anything at first. You always wait for a price drop -- and also for the inevitable bugs and flaws to work itself out. People were too caught up and are now feeling the pinch. Apple isn't too blame --- it's just greedy customers.
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1 Posted by doubrigney82 on Thu Sep 6, 2007 12:06AM EDT Report Abuse
I almost purchased the iPhone at its original price because I don't like carrying my Z3 Rose and iPod around simultaneously (BUT I don't want to go back to Cingular/At&t). However, I'm so glad I listened to my gut and waited. I, too, spend money wisely and very rarely splurge so this severe price drop would've really pissed me off. On the other hand, I can't help but think that whatever choice you make, you have to stick by it, so, with that said, I don't feel bad for the consumers who jumped on its release. Even IF I bought it at its original price, I'd still admonish that "good things come to those who wait."