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Apple slashes 8GB iPhone price to $399, 4GB model to fade - Page 5

post #161 of 404
Quote:
Originally Posted by JDW View Post

Two months after the opening release, the product is doing well AND the price drops by 66%?! Two months, folks. Repeat that, you blind defenders of the status quo. TWO MONTHS!

This is not "normal business practice" for a product doing well.

It's not doing that 'well'. That's the point that people are missing.

By the end of this month Apple expect to sell their 1 millionth iPod. That's about 300,000 per month. That's only 5.4 million by the 2008. A far cry from the 10 million they predicted at launch.

The stock was off over $7 today. Do you think that was coincidence? Analysts on Wall Street can do math too.
post #162 of 404
Quote:
Originally Posted by macbear01 View Post

Oh, my f*cking god! What is it with all you people who can't wait to jump on here and attack someone else instead of discussing the issue itself? You should certainly be thankful for your internet anonymity 'cause if I were next to you right now, I'd pop you in the mouth.

I did NOT think that $599 was a "bad deal" until today when Apple announced to the world that, yes, it was a bad deal. Lowering the price so significantly indicates that it was dramatically over-priced at launch. Compared to the top of the line iPods and Crackberries, the features, including the incredibly slick, touch-screen interface seemed compelling enough to justify the price. I still struggled with it and had I not had extra money in my checking account from a bonus I received at work, I doubt I could have justified the cost.

There are so many problems with the arguments that this is "normal business practice," or "a price-correction," or "all products eventually decrease in price." Yes of course all of these are true to an extent, but not in such a short amount of time and it is certainly not historically typical of Apple. The time between their product refreshes has been getting longer and longer over the last 2 to 3 years, and historically, price drops on devices in the iPod family occur rarely. Instead, features, usually storage space, are added to justify maintaining the existing price point. There was just no anticipating a move this drastic. I'm mostly over it now, but I'm not over all the rude people in this community that contribute nothing constructive, yet expend excessive energy trying to beat down the thoughts and opinions of other forum posters.

The most sane set of comments I have read in hundreds of posts on what today meant to Apple-people.

Thank you, sir, for your perspective.

Your post should end this rapidly degenerating discussion on a high note.... (but of course, it won't!).
post #163 of 404
Sorry for the typos in my previous message.... I did not proof read.... I am not an idiot (Smiles)
post #164 of 404
this is one of the funniest threads ever!

thanks guys!
i had a blast reading through it!
peve

and by the way...
no. english is not my native language.
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peve

and by the way...
no. english is not my native language.
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post #165 of 404
Quote:
Originally Posted by macbear01 View Post

I don't believe I asked for your opinion of me, but since we're sharing personal opinions of each other... bitch bitch moan whine bitch wah bitch bleat, bitch moan wah bitch cry whine bitch bleat, bitch moan wah bitch cry whine bitch wah bitch bleat, bitch moan bleat, bitch moan wah bitch cry whine bitch wah bitch bleat, bitch moan wah bitch cry whine wah bitch cry whine wah bitch bitch moan whine bitch wah bitch bleat, bitch moan wah bitch cry whine bitch wah bitch bitch moan whine bitch wah bitch bleat, bitch moan wah bitch cry whine bitch wah bitch bleat, bitch moan wah bitch cry whine bitch wah bitch bleat, bitch moan wah bitch cry whineMan, it's no wondand, historically, Apple lowers prices with new generations of a product. This was just a complete shock.

It's no wonder America is going down the tubes. And I'm an American!
post #166 of 404
Purchasers of the iPhone (and not all of us purchased it two months ago, either) have every right to complain. We have every right to state that we will alter our buying practices when it comes to Apple products. Just as Apple has every right to alter pricing of their product in the marketplace whenever they wish, we have every right to judge them on those decisions and respond accordingly.

There will be a cost of lost business or "buying delay" to Apple in the future because of this decision. However, I'm sure they analyzed the impact and determined that it was worth it. Their choice, and, since it infuriates me, I will speak with my wallet going forward.

The incessant defense of Apple and criticism of those that wish to express their disagreement sounds as much like whining to me as any posts expressing anger regarding Apple's decision. I would like to see the people making these posts calling others morons, idiots, fools, etc. conduct these conversations in person. I'm sure the dialogue would differ drastically.

Of course, everyone is entitled to their opinion.

Long live capitalism!
post #167 of 404
Quote:
Originally Posted by octane View Post

Not for TWO months. Maybe 10 months, 1 year, 2 years, hell something substantial! If you cound't tell, I'm REALLY pissed about this. can honestly say I've never bought ANYTHING that was devalued this much this fast in 25 years.

New cars drop at least 10% the moment you drive them off the lot... two months later even more.
post #168 of 404
can't wait till the 3g 160gig iPhone comes out in December for $399 so all the people buying iPhones in the next few weeks feel as screwed as I do. Bad karma is gonna eat Steve's pancreas.
post #169 of 404
Quote:
Originally Posted by wnurse View Post

... I defy anyone to claim they knew apple would drop the price this fast (and by that much).. 200 is a lot dude. I don't care how you slice and dice it.. that a big drop. No way in hell can drop in component price account for that. Component cost reducing may account for it partly but the entire 200?. No way!

Rumor sites were full of stories about a cheaper iPhone. iPhone Nano or something like that. Why is it a big surprise the rumors came true?
post #170 of 404
Quote:
Originally Posted by schmidm77 View Post

What a bunch of damned babies. If you couldn't afford the $600 for the iPhone or it wasn't worth that much to you, then you shouldn't have bought it.

Ding! Ding! Ding! We have a winner!


Quote:
Originally Posted by wnurse View Post

Yeah, strange how apple manufacturing cost suddenly was reduced by 200 no?.

No. Have you not ever heard of R&D?

Quote:
Originally Posted by macbear01 View Post

I don't believe I asked for your opinion of me

You posted your feelings on a publicly accessible forum. If you don't want what comes with that (people commenting on it), don't post! Simple really.


Quote:
Originally Posted by macbear01 View Post

Simply feeling like I've been taken by a company that hyped a product to produce imaginary demand for which very little supply constraints ever existed, only to cut the price by 33% just 2 months after release, and expressing my feelings about it, does not make me a whiner.

Yes it does. You are whining about the price reduction. And that the iPhone doesn't even have all the features you want!

Quote:
Originally Posted by macbear01 View Post

[loads of whining about "missing" iPhone features]

Really, your post does beg the question "why the fuck did you buy an iPhone?".


Quote:
Originally Posted by wnurse View Post

When you buy high end products, you expect it to remain high end a bit longer.

You may well expect it. But you have no right to do so.

Quote:
Originally Posted by wnurse View Post

No way in hell can drop in component price account for that. Component cost reducing may account for it partly but the entire 200?. No way!

Indeed. R&D and a little thing called "supply and demand" had a lot to do with it.

Quote:
Originally Posted by wnurse View Post

Don't question apple pricing Mel... keep being the loyal sheep you are.

Obviously you haven't read all that many posts from Mel regarding Apple's desktop computer line-up.


Quote:
Originally Posted by paulgreen View Post

Let's look at the iPhone. It was $600, with a mandatory 2 year contract at $60/month = $2040 for two years. Now it is $400, with the same contract making it $1840 for two years, i.e. a modest 9.8% drop in price.

Any thoughts?

Bloody good point.


Quote:
Originally Posted by macbear01 View Post

I did NOT think that $599 was a "bad deal" until today when Apple announced to the world that, yes, it was a bad deal.

Next time, try engaging your own brain instead of relying on Apple to tell you what to think.


Quote:
Originally Posted by JDW View Post

Two months after the opening release, the product is doing well AND the price drops by 66%?! Two months, folks. Repeat that, you blind defenders of the status quo. TWO MONTHS!

And how is "TWO MONTHS" in any way relevant? So what? Did Apple drag these people into the stores, and hold them at gunpoint/kidnap and hold ransom their babies/threaten to smother their parents in jam to force them to pay $599 for iPhones? No. They didn't. People were free to make up their own minds; if they couldn't afford $599 or didn't think the iPhone was worth that, they shouldn't have paid it. Apple's announcement today has not altered in any way the iPhones that people have bought over the last two months.

Quote:
Originally Posted by JDW View Post

And so, people complaining in this thread and those wanting a $200 rebate are totally free, in my opinion, to complain to their heart's content.

Indeed they are free to do that. It's just that they don't have a genuine complaint and no logical basis for people to feel sorry for them.
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post #171 of 404
Here is their new product offering...Shipping November, get in line today

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post #172 of 404
Quote:
Originally Posted by Footloose301 View Post

Not quite. The Toyota you buy for $20,000 is driven off the lot and worth $14,000 afterwards, we realize that. BUT, 2 months down the road if your neighbor wants that same car its still $20,000 at the dealership, not $14,000.

Your analogy does not apply.

Actually it does. Car dealerships have all sorts of incentives monthly that change prices radically. And while you can use a percentage claim that a Toyota won't drop $6K, we're talking about $200 for something a helluvalot cooler than a Toyota.
post #173 of 404
1-800-myapple

Very polite young man told me that his usual day consists of explaining how to connect to ATT or how to get email, etc, but that most of his calls today are from people like me who called to complain about apple's price "gotcha".

He said they are directing everyone to: www.apple.com/feedback/iphone.html

For all of you venting on this thread, please also vent directly to the company.

Even Wall Street vented with a 5% drop in stock price.
post #174 of 404
I must admit that my heart stopped a beat or two upon hearing of Apple's incredibly generous $200 reduction on the incredible iPhone. As a certified Apple product early adopter I am aware that when a make a first generation purchase...the product is going to change with enhanced functionality and usually a price adjustment. But I feel at this drastic of a honeymoon period drop, Apple should spread a little goodwill to those of us who took the first leap of faith.

Certainly I wouldn't expect a rebate...but some value add gesture to reward those who made Apple's numbers look so good and earned THEM the bragging rights is needed. I would propose a $75 iTunes gift credit that could be used to buy iPhone content. This won't cost Apple $75--I am not sure what their margins are on iTunes but I believe them to be sufficient that such a payout would not break the bank and will bring more than $75 in goodwill to one of their most important segments--the early adopters.
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post #175 of 404
Quote:
Originally Posted by xenocobramac View Post

Even Wall Street vented with a 5% drop in stock price.

Will Apple give me 100 free ringtones now that the stock is worth 5% less in one day (let alone two months)?
post #176 of 404
Quote:
Originally Posted by brownreese View Post

I must admit that my heart stopped a beat or two upon hearing of Apple's incredibly generous $200 reduction on the incredible iPhone. As a certified Apple product early adopter I am aware that when a make a first generation purchase...the product is going to change with enhanced functionality and usually a price adjustment. But I feel at this drastic of a honeymoon period drop, Apple should spread a little goodwill to those of us who took the first leap of faith.

Certainly I wouldn't expect a rebate...but some value add gesture to reward those who made Apple's numbers look so good and earned THEM the bragging rights is needed. I would propose a $75 iTunes gift credit that could be used to buy iPhone content. This won't cost Apple $75--I am not sure what their margins are on iTunes but I believe them to be sufficient that such a payout would not break the bank and will bring more than $75 in goodwill to one of their most important segments--the early adopters.

I would be happy with a free bluetooth headset, but I'd take a 75 - 100 iTunes card.
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post #177 of 404
The price for being FIRST???


$200
Honestly, people screamed from the roof tops- "I WANT AN IPHONE NO MATTER WHAT!" and now the complaints when there is a drop in price. ALL new products are the most expensive, hell you can get a Razor now for $10 and a cereal box top
post #178 of 404
Well, I am not angry and I am not whinning but I am disapointed in a company I have always held in highest esteem. Apple seems to have abused their most loyal and devoted customers. It is my hope that they do something to make this right. Say what you want about this being captalism, free enterprise, business as normal... it is not what many of us have come to expect from Apple.

So, Steve, the real one not the Fake One, maybe those of us who gladly gave you a 100% profit margin on the iPhone as an early adopter are due some sort of appreciation: a free copy of Leopard when it ships or a refund on an iPhone Applecare policy? I think a goodwill guesture like this might send a strong signal to those of us who purchase new Apple products quickly that our business is appreciated. Otherwise, we are foolish not to wait when a new product is released. If we, the Apple Faithful, wait where will your strong initial sales come from?

Of course all this may be for nothing...Apple may do something to say as a loyal customer and an early adopter who supports the company... we are due some sort of recognition.
post #179 of 404
Quote:
Originally Posted by eazyway View Post

This explains the sudden drop Apple expected in their gross margins.
I wonder if Apple has any rebate subsidy in place for the first iPhone buyers?

I read in a previous post on this thread, (can't find it now) - that mentioned someone contacted their local Apple store regarding this very question. The Apple Store rep said that in a couple of days, Apple was going to announce something like a rebate for previous purchasers of iPhones. He said that he was not allowed to give any other information as far as the amounts or what period the rebate will cover.

Maybe it will be a floating amount, which changes depending on when you purchased your iPhone. Given Apple's history when it comes to major OS upgrades, I would guess that us first day buyers will receive the least - or possibly nothing, (I'm hoping it's not the later!), and the closer to today that you bought your phone, you'll most likely get nearly or all of the difference.
post #180 of 404
Quote:
Originally Posted by brownreese View Post

Certainly I wouldn't expect a rebate...but some value add gesture to reward those who made Apple's numbers look so good and earned THEM the bragging rights is needed. I would propose a $75 iTunes gift credit that could be used to buy iPhone content. This won't cost Apple $75--I am not sure what their margins are on iTunes but I believe them to be sufficient that such a payout would not break the bank and will bring more than $75 in goodwill to one of their most important segments--the early adopters. [/FONT]

Hey now isn't that just darned reasonable!

Seriously, if everyone would accept that, I'm sure Apple would be happy to do it.

But here's something interesting to noodle over.

All these people who are bitching and whining about how much Apple cut the price today probably have thousands of pirated songs on their iPhones. So how much do you figure 75 songs are worth to them?
post #181 of 404
Here's what Apple should do, and according to all the whining babies on this thread, it should pretty much make them 100% happy.

Tomorrow they should announce that they made a HUGE mistake and to make it up to all the babies, they are going to INCREASE the price of the iPhone to $399 and $499, instead of today's price.

We've all read it, the babies are bitter that the price fell so much. As they wrote many times, a $100 price drop would be very fair, but no $200. So Apple raises the price $100, sells another million iPhones (and makes an extra $100 million) and everyone wins! Right?
post #182 of 404
Fine, fine. Finding this glitch in my previous post still does not detract from my point. Even at a 33% drop, it's still TWO MONTHS!

And no, "we computer geeks" are not used to price drops in TWO MONTHS. And calling legitimate complainers in this thread "babies" verges on slander. How hateful some of you Apple fans are out there to your fellow Apple lovers! And as to the silly, stupid posts about "raising the price," you are talking out loud making no sense at all. The complaints in this thread are not made with the aim of raising the price. How foolish to suggest they are! These complaints serve mainly to vent steam. A secondary purpose would be that the posts are made in the hope Apple will avoid making such a silly mistake again. Apple, if you want to reduce a brand new product's price by 33%, wait 6-8 months first!

Now, some of you just don't read or can't read. I deliberately repeated "two months" throughout my previous post (and this one too) to prove my point centered on "two months" above all else. And yet, you defenders of the status quo continue to rail on people who have legitimate complaints about this "two month" fiasco.

It's TWO MONTHS, folks! Two months! Did I say "two months"?!

Two months!
post #183 of 404
Oh come on everybody. They had to drop the price on the old iPhone because the new 3G iPhone is due at Apple Expo in Paris at the end of the month. They're just clearing inventory.

See the new iPod Touch design, note the all new icons and dock. There's a new iPhone due that looks like that due.
post #184 of 404
Quote:
Originally Posted by JDW View Post

I am angered most of all by all the foolish posts here by people defending Apple on this. And heck, I don't even own an iPhone! In addition, I am one to defend Apple much of the time. So I would like to emphasize just how silly these defensive remarks are. While they are valid in many other situations where Apple has dropped the price of a product, arguments are irrelevant in this case.

Two months after the opening release, the product is doing well AND the price drops by 66%?! Two months, folks. Repeat that, you blind defenders of the status quo. TWO MONTHS!

This is not "normal business practice" for a product doing well. Maybe a fire sale for a product not selling at all, but certainly not for a product doing well. And while there have been such huge price drops by other companies in the past, I don't know of any that drop the price by 66% only TWO MONTHS after the initial release when the product is selling well!

And so, people complaining in this thread and those wanting a $200 rebate are totally free, in my opinion, to complain to their heart's content. These are not evil people. These are your fellow Apple lovers who bought the iPhone for that reason -- the love of it. But our love is not blind, and many of us who bought the iPhone at $599 are legitimately upset about a $200 drop in price. So lay off these folks and let them complain. It's irrelevant if their complaints will change anything. They have the right to vent some steam over this!

You can talk all you want about "what's best for Apple" and "here's why they did it." But none of those arguments hold any water at all in light of this "two month fiasco." Two months, folks! Two months!

The price dropped by 33%, not 66%. 599 to 399.

Some of us are really annoyed by the foolish posts complaining about the drop.

It's not that we think people can't be annoyed. That's fine. But many of those posts are over the top, and require an over the top response.
post #185 of 404
Quote:
Originally Posted by rrightm View Post

, and it's "pointed jackass," thank you.

Sorry, he was the one who said "asshole".
post #186 of 404
For those of you saying that the people complaining are whiners are completely missing the point. It is unheard of for a company to drop prices on a best-selling phone 33% just two months after the initial release, and also discontinue the lower-end model. The early adapters knew that a price drop would eventually happen, but no one expected it to happen just two months in. It's one thing if they lowered the price 5-10%. I think you'll get a few who will complain, but you wouldn't have received as much backlash as this.

Post on Apple's discussion board have mentioned that technology often drops in price drastically. Some gave the example of HDTVs. When they first came out, the best ones started at around $14k, and now they are around $2k. What they failed to mentioned is that the price dropped gradually. Another one brought up the example of cars. If BMW came out with the 08 model for $60K, and then permanently slashed the priced to $40k two months later, that's wrong also.

Anyone who says that a 33% permanent price drop two months into anything new is not a rip-off is completely delusional. True, no one put a gun to our heads to buy the phone. No early adapter is contesting a price drop. We all knew it was inevitable. What we are contesting is that it is such a drastic drop and it happened so quickly. The first generation iPod didn't get this sort of treatment.
post #187 of 404
Quote:
Originally Posted by JDW View Post

TWO MONTHS!

You have still failed to provide any logical explanation as to how the time period makes any difference at all.

Did Apple or anyone else force people to buy iPhones? No. They were purchased at $599 by free will. How has Apple's announcement today changed that fact? How has Apple's announcement today changed people's iPhones?
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post #188 of 404
Quote:
Originally Posted by extremeskater View Post

Technology price drops are very common but I agree a 30% price drop in 2 months would be enough to piss anyone off. My friend had the same thing happen to him regarding an HDTV. He bought his first and I saw it at his house and 33 days later I got the same model for 1000.00 less. Same thing 30% price drop in just over a month. Technology pricing is enough to drive anyone insane because the mark up is so high.

HDTV is different though. There are multiple suppliers and manufacturers. What's dropping the price of HDTVs, LCDs and plasmas are overally costs and economies of scale. Apple controls the iPhone and pricing, and a drastic drop in price can't be attributed to manufacturing cost in just over two months.
post #189 of 404
Quote:
Originally Posted by macbear01 View Post

Who is extremely pissed off to find out that he overpaid for the 8GB iPhone by $200 only 2 months after it was released?

That would be me! I want a f*ckin' $200 refund! Punish the early adopters. Gotta love that!

Did they have to do this to maintain interest because they haven't released ANY of the feature enhancements that were expected within a few weeks of launch? I'm a f*ckin' sucker!

there is a price for "early adopters" the 200 is for bragging rights to be one of the first. but that is always the case, they don't RAISE prices of technology, my dad needed for work the early betamax and vhs and it was $1200 in todays $ it's probably close to 3-4k, early vhs tapes were $20 a piece even if my dad kept the receipts i don't think he'd get a refund for the difference. people will buy the iphone initially at almost any price, right now in china you can get one for $1200 and the phone doesn't work

but i will offer a big thank you for all of you that helped it to be a success so i can get it cheaper
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post #190 of 404
Quote:
Originally Posted by Mr. H View Post

You have still failed to provide any logical explanation as to how the time period makes any difference at all.

Folks, I think it pretty much goes without saying that Mr. H would back up any move Apple made even if the price of a given product dropped by 50% only 2 "days" after its initial sale!

The logic is clear to those who are logical, Mr. H. Two months is a very short span of time. Now name me more than one Apple product that dropped by 33% in two months. Go back to the 1970's and check all the products until now. Name me some. And so you see the point. Two months is a real first for Apple, and it's not a good "first" either.

But again, nothing can change what is done. We can only pound on Apple in hopes they don't do it again. It's simply not prudent to treat your customers this way.
post #191 of 404
Quote:
Originally Posted by macbear01 View Post

Who is extremely pissed off to find out that he overpaid for the 8GB iPhone by $200 only 2 months after it was released?

That would be me! I want a f*ckin' $200 refund! Punish the early adopters. Gotta love that!

Did they have to do this to maintain interest because they haven't released ANY of the feature enhancements that were expected within a few weeks of launch? I'm a f*ckin' sucker!

I too am extremely angry with Apple. So much for rewarding loyal customers. I gues we paid so that Apple could attract new customers. And now they tell us that we can pay for ringtones! Whooppee!
post #192 of 404
Quote:
Originally Posted by backtomac View Post

It's not doing that 'well'. That's the point that people are missing.

By the end of this month Apple expect to sell their 1 millionth iPod. That's about 300,000 per month. That's only 5.4 million by the 2008. A far cry from the 10 million they predicted at launch.

The stock was off over $7 today. Do you think that was coincidence? Analysts on Wall Street can do math too.

Your numbers are not real.

As you know, Apple only sells the iPhone in the US. Before the end of the year, it will also be sold in Europe. After Janury, it will also be sold in Asia. Sometime during these introductions, it will be out in Canada, and other places.

The market for the phone will be three, possible four, or even five times larger.

Talking about doing the math!

And, if you looked, you would have seen that the entire market has been going down because of the mortgage woes in the banking industry. The reason stocks were so off today was because of the falloff in housing sales.

Apple's stock fell because of that.

The Dow Jones Industrial Average was off by 144, the NSYE was off by 115, the NASD was off by 24, the DOW was off by 58, etc.

As Apple is mostly a consumer company, the fear was that Apple might be hit by the consumer credit crunch.

That could very well be another reason why the phone price was dropped so much so fast.
post #193 of 404
Quote:
Originally Posted by JDW View Post

Folks, I think it pretty much goes without saying that Mr. H would back up any move Apple made even if the price of a given product dropped by 50% only 2 "days" after its initial sale!

Indeed I would. The only reason they would have done it after only 2 days, is if no-one had queued up to buy them at $599. That and Apple have a 14 day price-protection policy.

Quote:
Originally Posted by JDW View Post

The logic is clear to those who are logical, Mr. H. Two months is a very short span of time. Now name me more than one Apple product that dropped by 33% in two months. Go back to the 1970's and check all the products until now. Name me some. And so you see the point. Two months is a real first for Apple, and it's not a good "first" either.

So what? Just because it is without precedent doesn't mean that the time period is suddenly relevant. I am still waiting for your explanation. Were these people forced to part with their $599? Yes or no?
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post #194 of 404
it is amazing to see how a company can erode away a good base of customers by looking at their consumers as suckers to be taken. I received a $200 refresher course in not given a damn about your customers and i am reminded of the phase caveat emptor... Let the buyer beware is alive and well..... Apple be damned!!!!
post #195 of 404
Quote:
Originally Posted by cameronj View Post

Hey now isn't that just darned reasonable!

Seriously, if everyone would accept that, I'm sure Apple would be happy to do it.

But here's something interesting to noodle over.

All these people who are bitching and whining about how much Apple cut the price today probably have thousands of pirated songs on their iPhones. So how much do you figure 75 songs are worth to them?

I have not one pirated song, movie, or tv show on any of my devices. I don't believe in theft. Apple on the other hand gouged me and I don't appreciate that. They are a tiny player in both the computer and phone markets and started to believe their own hype resulting in screwing with loyal early adopters with this price drop. It basically told me that they feel that they can do anything and the sheep will come to slaughter.

When they sell 100 million handsets like Nokia did then maybe I will believe the hype. Hell, let me view and manage simple calendar requests I receive via mail on my iPhone and I might reconsider some of the disdain I currently feel. Oh, and the thought of spending an additional $.99 to turn a song I own into a ringtone is the absolute stupidest thing to come from Ego Boy's lips in years. I would buy a Palm Foleo before I pay for a ringtone from Apple.
Screw me once shame on you, screw me twice call me a devoted apple fan boy!
post #196 of 404
Quote:
Originally Posted by jkovach View Post

Purchasers of the iPhone (and not all of us purchased it two months ago, either) have every right to complain. We have every right to state that we will alter our buying practices when it comes to Apple products. Just as Apple has every right to alter pricing of their product in the marketplace whenever they wish, we have every right to judge them on those decisions and respond accordingly.

There will be a cost of lost business or "buying delay" to Apple in the future because of this decision. However, I'm sure they analyzed the impact and determined that it was worth it. Their choice, and, since it infuriates me, I will speak with my wallet going forward.

The incessant defense of Apple and criticism of those that wish to express their disagreement sounds as much like whining to me as any posts expressing anger regarding Apple's decision. I would like to see the people making these posts calling others morons, idiots, fools, etc. conduct these conversations in person. I'm sure the dialogue would differ drastically.

Of course, everyone is entitled to their opinion.

Long live capitalism!

Fine! If you really think that's true. But, I doubt it will affect Apple's sales in the slightest.

I have to say though, that it isn't so much the defense of Apple as it is the response to the often frenzied posts of those who are claiming to be raped by Apple.

I could understand, if this product was a high resale value product. But, it's not. No one LIKES to see a product drop so much fairly shortly after they bought it, but phones are not computers.

If you look at the cell providers who offer the phones you will see that this happens all the time.

When I bought my Treo 700p from Sprint early this year, I paid $399 with a new 2 year contract. About 2 1/2 months later, Version offered the same phone with a 2 year contract for $299.

Before too long, Sprint was offering it for $199.

How did I feel? Not thrilled. But, I'm not ranting about it! That's what happens in the cell phone business.

How do people who bought RAZR's for $500, only to see them drop to $149, 6 months later, feel? Then my friend bought two of them, for himself and his wife, for a total of $300, only to see them sold for $29.95 apiece two weeks later!

Enough is enough!

This is going to happen a lot. People have to get used to it.

Just suck it up, and move on!
post #197 of 404
Quote:
Originally Posted by melgross View Post

Your numbers are not real.

As you know, Apple only sells the iPhone in the US. Before the end of the year, it will also be sold in Europe. After Janury, it will also be sold in Asia. Sometime during these introductions, it will be out in Canada, and other places.

The market for the phone will be three, possible four, or even five times larger.

Talking about doing the math!

And, if you looked, you would have seen that the entire market has been going down because of the mortgage woes in the banking industry. The reason stocks were so off today was because of the falloff in housing sales.

Apple's stock fell because of that.

The Dow Jones Industrial Average was off by 144, the NSYE was off by 115, the NASD was off by 24, the DOW was off by 58, etc.

As Apple is mostly a consumer company, the fear was that Apple might be hit by the consumer credit crunch.

That could very well be another reason why the phone price was dropped so much so fast.


There is nothing wrong with my numbers. They are extrapolations from numbers that Apple have provided.

Just so you can see how I came up with them. Jobs said he expects to sell the one millionth iPod by the end of this month. That's three months since intro. Divide 1 million by three and you get 300,000 units per month. Yes they may end up selling 1,000,512. That's not the point. These are estimates. There are 18 months of sales between the time the iPhone was introd and the end of 08 when Apple said it would sell 10 million. Multiply 300,000 by 18 and you get 5.4 million. A far cry from 10 million. For the record I think Apple still has a good chance of meeting it's sales goal and I think the iPhone is a fantastic device. But they dropped the price for a reason. Weaker than anticipated sales is my explanation.

Yes I hope and expect Apple to begin sales in other countries. The math above demonstrates the need for Apple to do so.

As to Apple's stock hit. Well Apple was up about 20 cents before the special event when the overall market was down about 100 points. After the event is when Apple got whacked. As far as other macro economic concerns, Apple isn't immune from them but the stock has held up well. It's actually doing fine even after today. But I think you're mistaken if you think Apple's move today was just due to the trend of the market. The stock tanked after the event. Obviously somebody didn't like what was said.
post #198 of 404
this will likely push those hesitant european carriers over the edge, because many kept comaring iphone to nokia sony etc, i wonder what nokia will do?......and wow that will really put steam in those markets.
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post #199 of 404
Quote:
Originally Posted by Mr. H View Post

I am still waiting for your explanation. Were these people forced to part with their $599? Yes or no?

Folks, you read Mr. H's reply to me above. He is of the position that would support Apple (or most any other business) who drops a new product's price by even 50% only two days after introduction. With that in mind, read on...

Were people forced to pay $599? Of course not. How silly. But my saying that doesn't justify your stance, Mr. H.

You see, people buy things with a fairly decent idea of how long a given item will retain its value. True, some people will be upset about a price drop even a year after a products release, but those folks are not mainstream. I have been talking about "the rest of us." Who are they? Those among us who are normal consumers. It pretty much goes without saying that if you buy a product, you will be rather upset if the price drops significantly only two months after its release. But if the price dropped 6 months after, you may still be upset, but lesser so. And if it was 10 months later, you may not be upset at all. While the exact "number of months" may differ from person to person, it's not a stark difference. My whole point has been that "normal" people get upset at "two months" but lesser so or not at all if prices drop "several months" after a given product's release. How many more months? Again, it varies, but if you look at the industry as a whole, two months is very unusual. Why? Because two months can be taken as a slap in the face by consumers. And in the end, if your customers get pissed off enough about your marketing approach, even in spite of the quality and features, they may decide to avoid spending much of their money on you in the future. And so, Apple needs to be more cautious about doing this again in the future.

And so, Mr. H, I am talking about normal people who buy normal things. And yes, and iPhone is a "normal thing" for normal people to buy (as is any cell phone). And normal people get upset when price drops fall closer to the release date of a given product.

I shouldn't have had to state all this, because the "normal" among us can clearly see it. But for those of you outside the mainstream, I hope you are better informed.
post #200 of 404
Why do we value our own stuff based on how much other people pay for their stuff?
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