Here's my take. Most of the cost of owning a smartphone is with the two-year contract. At a minimum that's about $2000 for individuals and over $4000 for family plans. So the extra $100 or $200 one has to spend for an iPhone over the competition is in the noise level. The two-year contract is why Verizon and all the other carriers are so anxious to get the iPhone.
11/10/10 at 6:13am