Originally Posted by Rogifan
You think people will pay $400 for a colored plastic phone?
Sure. And then, as usual, over 2/3 will also buy a case to cover it up.
I just got my daughter an iPod 5G in that metallic green color. She picked it out. I thought it looked stunning. Then she promptly got a yellow background Ugly Doll case to put over it. Go figure.
Originally Posted by AaronJ
Who is being "held back" from buying iPhones? See, this is what I don't get. Apple sold nearly 50 MILLION of these things in the first quarter of fiscal 2013. In fiscal 2012 they sold 125M iPhones alone.
Some people six years ago were saying similar things. "Apple is selling over two million a quarter, why do they need more?" Everything is relative. What seems like a big number now, is nothing in the future.
To answer your question, "who is being held back" ... BILLIONS of potential customers, that's who.
Heck, there are over a billion cell customers in India alone. Guess how many are buying an iPhone right now? Much less than a million a year... and that's with trade-ins and loan programs boosting the old rate by a factor of four or more.
Most of China. Most of southeast Asia. South America. Africa. Even a few European countries in financial straits. Most of these groups don't buy iPhones in any large quantity, because without subsidies, they cannot afford them and/or they find a better deal for the money.
Mind you, those are only potential customers. The price has to be right. To give us an idea of what that might be, here are how the current price ranges are selling :
Edited by KDarling - 7/10/13 at 11:28am