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Jobs says Apple won't offer refunds to early iPhone adopters - Page 2

post #41 of 165
The people complaining about the iPhone price drop are annoying me, but I suppose I'd be cheesed off if it happened to me, but what the hells apple supposed to do.

Put the price back up?
Not announce the iPod touch till like January or something?

They had to drop the price because of the iPod touch
post #42 of 165
I don't buy "If they bought it a month ago, well, that's what happens in technology." from Steve Jobs. As someone already pointed out, cell phone industry works differently than electronic devices like iPods. You can't set a target of selling 10 million units within a few years and still make customers pay $600 for it.

Most new cell phones drops in prices within 6-months, which often comes with deeper discounts and refunds if you are switching from another company. I don't think Jobs and Apple work out their business plan completely when they thought selling a $600 phone is a great idea. By slicing $200 off now, they are making it more appealing. It seems to me they are pulling a SONY and would rather make less per unit or even loss in order to gain market share to reach their target.

Smart phones are here to stay but not at $600, nor $400. Sit tight and expect to see this thing drop to at least $200 within the next 6-9 months. Apple may have a great product on their hand but they are testing a market they never deal with before.
post #43 of 165
Here's a lil' tip.

Telco's hate the idea they "might" lose customers. They stand to lose far more than 200 bucks in cancelation fees if people start bailing on their 2 year contracts.

So, do what I did. Call AT&T and ask for a credit to your account. I got 75.00 in instant credit PLUS 500 rollover minutes. About 100 bucks worth of gracis from Apple's partner's pockets (depending on how you want to dice and slice the value of minutes - but at 450 minutes at peak-rate being the standard plan - 500's not bad). Now this isn't an official deal and it's on an individual basis so you have to take your chances. Still I'm sure AT&T is going to be sending some love letters to Cuppertino soon.

Of course many decent credit cards also offer 90 days buyer protection. Oops - was that iPhone only 66 days old? Oh NOSIES! Looks like Visa / Amex / MC / Discover might have some feedback coming Apple's way too.

Next, even if the Apple store wants to hit you with a restocking fee, making them squirm in person within 14 days for mucho more bucks is also fun. And if it's an AT&T store - even better! In most states 30 days return for cell-phones are standard.

Lastly, once you unlock your iPhone with not one but TWO software solutions - you can always recoup those losses auctioning your "myPhone" on eBay. Naturally, Apple AND AT&T would love you to pieces if you did that. Because if it's a marketshare-for-dollars game Apple is playing based on subscription revenue - those dollars heading to T-Mobile will certainly make their day bright.

Remember be polite - try to throw in some sympathetic humor with the poor schmuck on the phone, and most of all have fun!
post #44 of 165
I trusted Apple to set a fair price, and now I feel like they made a fool of me by dropping that price 33% in just 10 weeks.

I will NEVER buy another new Apple product at launch and NEVER purchase another MP3 or video from iTunes again. I'll look elsewhere for my music and movies.

All my goodwill toward this company was erased very quickly. I've spent thousands on computers and equipment at the Apple store this year alone, and they've really given me a terrible feeling.
post #45 of 165
"Many of Apple's most loyal customers are feeling taken by the company after it announced an unprecedented 33 percent price cut on its iPhone handset after just two months on the market..."

So, what is the source of your premise, that so many of these early iPhone buyers who are now complaining about the price cut count themselves among Apple's "most loyal"? Have you recently conducted a scientifically valid survey to establish this claim?

In fact, it's been estimated* that 30% of these early buyers are new to Apple and half had never owned an iPod. So what exactly does "most loyal" signify for the remaining 70%? That they'd purchased more than one Apple product in their lifetimes? That they had been with Apple since their first Mac Plus? (That would include me.) That they spent more than $2,000 annually on Apple products? That they referred Apple to everyone they met?

Anyway, I hardly believe that the early buyers bought an iPhone because they were loyal to Apple. They bought the iPhone for many other reasons, including the cool factor, its intrinsic genius, and/or because they had money to burn. I didn't buy one right away because I chose to wait and see. Anyone who truly bought an iPhone to support Apple should perhaps be forgiven. Those four or five people should make all efforts to advance their case to Mr. Jobs. The rest of them should just get over the price cut and focus instead on the reason(s) they have an iPhone in their pocket.

It's this kind of sloppy, unqualified journalism that skews the news. I'm not just faulting you, AI... many other news services are using the same kind of loaded language in following this story. The real story may just be that so many unhappy customers are taking advantage of the web to advance their personal agendas.

Me? I've owned more than 20 Apple products, including the first iPod, Macs, displays, printers and more. I own the latest MacBook Pro, a 5G video iPod and, as of yesterday, an 8 GB iPhone.

* Interpret, July 2007

Michael Moretti
Napa Valley, CA
post #46 of 165
Quote:
Originally Posted by dontlookleft View Post

You lost everyone after that. I'm glad you're out 200 bucks. Literally joyous.

I wish i had enough money to own that crap...and if I did, I wouldn't care about my 200 bucks. Sounds like pocket change for you.

Although price drops aren't usually that close around the corner, you know they're in sight somewhere down the line. Wait it out, I'm sure one of your macs can hold you over.

my point was (unfortunately) I'm an early adopter.
post #47 of 165
If none of you ever bought a cellphone I can understand your disappointment. All cellphone comes out at one price and two to six months later the price drops at least twice.

When Motorola introduced the Razor at Cingular Three months later it was $100 off then another $50 and then free. When Blackberry introduces a new model if you buy it when it first comes out its $399 and within three months the price is less than half. The same is true for the Trio. When it first came out it was $599. Two months later it was $499 then $399. T

When I purchased the iPhone I new Apple would discount the phone. I wanted to be the first to have one so I paid the full boat. It should come as no shock to any of you that the price has been lowered to $99. What about all of those people who paid $299 and $399? The Blackberry Pearl was $399 when it first came out now with a rebate its now $149.99

If you are going to stop buying Apple products then you should stop purchasing all Blackberrys, Motorola, Trio and Nokia phones as well.
post #48 of 165
Quote:
Originally Posted by mgabrys View Post

Here's a lil' tip.

Telco's hate the idea they "might" lose customers. They stand to lose far more than 200 bucks in cancelation fees if people start bailing on their 2 year contracts.

So, do what I did. Call AT&T and ask for a credit to your account. I got 75.00 in instant credit PLUS 500 rollover minutes. About 100 bucks worth of gracis from Apple's partner's pockets (depending on how you want to dice and slice the value of minutes - but at 450 minutes at peak-rate being the standard plan - 500's not bad). Now this isn't an official deal and it's on an individual basis so you have to take your chances. Still I'm sure AT&T is going to be sending some love letters to Cuppertino soon.

Of course many decent credit cards also offer 90 days buyer protection. Oops - was that iPhone only 66 days old? Oh NOSIES! Looks like Visa / Amex / MC / Discover might have some feedback coming Apple's way too.

Next, even if the Apple store wants to hit you with a restocking fee, making them squirm in person within 14 days for mucho more bucks is also fun. And if it's an AT&T store - even better! In most states 30 days return for cell-phones are standard.

Lastly, once you unlock your iPhone with not one but TWO software solutions - you can always recoup those losses auctioning your "myPhone" on eBay. Naturally, Apple AND AT&T would love you to pieces if you did that. Because if it's a marketshare-for-dollars game Apple is playing based on subscription revenue - those dollars heading to T-Mobile will certainly make their day bright.

Remember be polite - try to throw in some sympathetic humor with the poor schmuck on the phone, and most of all have fun!

And for a little more fun, write to the three law firms, I believe there's three, that have a class action suit against iPhone's battery issue, and write to them saying you want to be on the list, that way, if they hit paydirt with their lawsiut, you might get a little bit of a refund from Apple that way, regardless if the lawsuit is frivolous, to quote Steve, "well, that's what happens in technology."

Ten years ago, we had Steve Jobs, Bob Hope and Johnny Cash.  Today we have no Jobs, no Hope and no Cash.

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Ten years ago, we had Steve Jobs, Bob Hope and Johnny Cash.  Today we have no Jobs, no Hope and no Cash.

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post #49 of 165
Quote:
Originally Posted by Thataboy View Post

I'm sorry, but most people who spent $600 on a phone the minute it came out -- well, $200 is probably not the end of the world to them. You didn't LOSE $200... Apple didn't steal money from you -- you made a decision that the iPhone was worth $600 to you. Honestly, some people have the most obscene sense of entitlement!

Exactly. It's not as though AT&T just announced the monthly bill for all of those who bought an iPhone the first 2 months is now going to be $200/month. This isn't a reoccurring cost to the owner. If someone doesn't feel the iPhone was worth $600, then they shouldn't have agreed to pay $600 for it. The phone's worth $400 to me. If I buy one next week and a week later they start giving them away for free, it's still worth $400 to me.
post #50 of 165
I bought some AAPL stock the other day and now the price has dropped $7. Can I get a refund since I bought it less than 14 days ago?
post #51 of 165
Quote:
Originally Posted by adr1974 View Post

I just set up a site to discuss the overall Apple User eXperience --- www.stevejubsux.com

Input appreciated...

1) Learn to spell, perhaps?
2) Advertise a site when it's actually up and running, maybe?
3) Stop spamming, definitely.

One last thing ... his name is Steve Jobs, not Job.
"Many people would sooner die than think; in fact, they do so." - Bertrand Russell
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post #52 of 165
Quote:
Originally Posted by jawporta View Post

Come on people, those who bought it when it first came out did it to be "The first" Everyone knew the price would drop sooner or later. I have friends that never owned a Mac in their life and said "I'll wait to the price drops" Even the iPod dropped in price, the 5GB iPod was $500, then $400. I'm guessing they just feel like fools for not having patients.

Look at it this way, the first two months paid for the development and the marketing. Now that thats all paid up, here's the price break.

Here's another tip, a 16GB model is around the corner so don't be shocked. How do I know? There's a 16GB iPod Touch.

I totally agree, I bought my iPhone on the first day too with absolutely no regrets. Anyone on this site knows that Apple's cost to manufacture it was less that 40% of what they were charging (I'm sure that doesn't include R&D, advertising, etc). The price was gonna drop, and it was gonna be significant. I know I'm not the only one who felt good just to be one of the first people to own one. Everyone else needs to be a bit more realistic about new technology.
post #53 of 165
Quote:
I will NEVER buy another new Apple product at launch and NEVER purchase another MP3 or video from iTunes again. I'll look eslewhere for my music and movies.

Haha. Guys. Stop being childish. Just admit that you are jealous and soon no longer the coolest kid on the block.

Apart from that I can really smell a lawsuit brewing. What a joke. Company getting sued for making their product more affordable. There really are no limits to stupidity.
post #54 of 165
Quote:
Originally Posted by freeny View Post

True, but on what grounds?

Apparerently the overmetaphored crime of 1st degree criminal sexual assualt.

Without a kiss.
post #55 of 165
Quote:
Originally Posted by mgabrys View Post

Here's a lil' tip.

Telco's hate the idea they "might" lose customers. They stand to lose far more than 200 bucks in cancelation fees if people start bailing on their 2 year contracts.

So, do what I did. Call AT&T and ask for a credit to your account. I got 75.00 in instant credit PLUS 500 rollover minutes. About 100 bucks worth of gracis from Apple's partner's pockets (depending on how you want to dice and slice the value of minutes - but at 450 minutes at peak-rate being the standard plan - 500's not bad). Now this isn't an official deal and it's on an individual basis so you have to take your chances. Still I'm sure AT&T is going to be sending some love letters to Cuppertino soon.

Of course many decent credit cards also offer 90 days buyer protection. Oops - was that iPhone only 66 days old? Oh NOSIES! Looks like Visa / Amex / MC / Discover might have some feedback coming Apple's way too.

Next, even if the Apple store wants to hit you with a restocking fee, making them squirm in person within 14 days for mucho more bucks is also fun. And if it's an AT&T store - even better! In most states 30 days return for cell-phones are standard.

Lastly, once you unlock your iPhone with not one but TWO software solutions - you can always recoup those losses auctioning your "myPhone" on eBay. Naturally, Apple AND AT&T would love you to pieces if you did that. Because if it's a marketshare-for-dollars game Apple is playing based on subscription revenue - those dollars heading to T-Mobile will certainly make their day bright.

Remember be polite - try to throw in some sympathetic humor with the poor schmuck on the phone, and most of all have fun!

Bueno!! Two thumbs up!
post #56 of 165
Quote:
Originally Posted by bdkennedy1 View Post

I think almost 1 million people learned a valuable lesson about impulse buying.

These same People over paid for there House by thousands of Dollars..

You know apple drops prices or adds stuff after every product launch..

I am sorry but that is life. I am sure the same million people that learned there lesson today will whine when they bring out the next version.. maybe a 16gb version.. for 599..

Just face it you had to be first and got Screwed but you have 22 mths left on that contract..
post #57 of 165
Quote:
Originally Posted by jfwooster View Post

I bought some AAPL stock the other day and now the price has dropped $7. Can I get a refund since I bought it less than 14 days ago?

Only if you purchased it with a credit card that offers price protection...
post #58 of 165
Quote:
Originally Posted by adr1974 View Post

Was actually meant to be somewhat of a joke, you lame monkey.

Oh.

Wait ...

Nope. It failed.
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post #59 of 165
Quote:
Originally Posted by syklee26 View Post

if you bought iPhone on Tuesday, then I feel your pain (you can probably get $200 back though).

but if you bought iPhone like 2 months ago, then what da hell is there to complain about? it is so obvious that Apple shouldn't be giving refunds. maybe I should ask for refunds on some of the macs I bought which went down in price after 2-3 years.

I don't see anything wrong with what Jobs is doing here.

Steve's responce is compleat is wrong in so may ways and to those who say they saw it coming; show me one thread on this or any other news or fan site that talk about a $200 price drop within 60 days of launch day.

No other device in recent history has seen such a deep price reduction this quickly. Not the Razor, PSP, or xBox Unfortunate reality of the cut-throat technology world BS!


This is a classic case of price gauging.

Did Apple's cost to make the iPhone suddenly drop? No.

Did Apple drop the price to increase sales? No.

At nearly 1 million sold in two months, the iPhone is quickly on its way to becoming the best selling smart phone in history.Or maybe not, because now Apple has about 1 million pissed off customers who feel like theyve been ripped off.

The reality I see is how cut-throat Apple can be in dealing with its loyal customers.
post #60 of 165
Quote:
Originally Posted by adr1974 View Post

I just set up a site to discuss the overall Apple User eXperience --- www.stevejobsux.com

Input appreciated...

Here's my input. Get a life.

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post #61 of 165
Quote:
Originally Posted by Shelf Life View Post

I trusted Apple to set a fair price, and now I feel like they made a fool of me by dropping that price 33% in just 10 weeks.

I will NEVER buy another new Apple product at launch and NEVER purchase another MP3 or video from iTunes again. I'll look elsewhere for my music and movies.

All my goodwill toward this company was erased very quickly. I've spent thousands on computers and equipment at the Apple store this year alone, and they've really given me a terrible feeling.

You trusted Apple to set the price for you? What happened to personal responsibility? Holy bejeezus batman!

To all that are angry about this... You agreed to purchase the iPhone for the price it was listed at at time of purchse. By handing them the money you agreed that it was a price you were willing to pay, at that time, for that device. End of freaking story. If you thought the price was too high, or couldn't afford it, then you shouldn't have purchased one. This is very simple.

You are all pissed off that others now can buy the same phone for a cheaper price. Get over your jealousy, and live with the fact that you agreed to the price as it was previously when you purchased it. My god you all sound like a whiny 4 year olds.

Grow up and get over it. You shouldn't have handed them the money if you didn't think it was worth it. Period. Whatever happens to the price in the future is completely inconsequential.

Example: if they hadn't dropped the price so that others can now afford it, you would be just fine, not angry?! That makes absolutely no sense at all. It's called jealousy, and it's a bad thing.
post #62 of 165
Quote:
Originally Posted by Rot'nApple View Post

And for a little more fun, write to the three law firms, I believe there's three, that have a class action suit against iPhone's battery issue, and write to them saying you want to be on the list, that way, if they hit paydirt with their lawsiut, you might get a little bit of a refund from Apple that way, regardless if the lawsuit is frivolous, to quote Steve, "well, that's what happens in technology."

Class action lawsuits are basically worthless as their payouts for individuals are often miniscule, they are designed to enrich the law firm, plain and simple.

Proud AAPL stock owner.

 

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Get the lowdown on the coming collapse:  http://www.cbo.gov/publication/45010

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post #63 of 165
Quote:
Originally Posted by jfwooster View Post

I bought some AAPL stock the other day and now the price has dropped $7. Can I get a refund since I bought it less than 14 days ago?

Uh............... no.

Proud AAPL stock owner.

 

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Get the lowdown on the coming collapse:  http://www.cbo.gov/publication/45010

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Proud AAPL stock owner.

 

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Get the lowdown on the coming collapse:  http://www.cbo.gov/publication/45010

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post #64 of 165
Quote:
Originally Posted by britwithgoodteeth View Post

Yeah, the press has been real tough on Apple the past few years.


They have, actually. From January to June I read just about every article there was to read about the iPhone, and after the first couple of days following the announcement, the press was at least 75% negative. The touch-screen keyboard was going to suck; battery life was going to suck; It was going to scratch too easily; you were being locked into AT&T; the price was outrageous; it was no good for business people; and my all-time favorite, the general "There's no way it could possibly live up to expectations" theme. We're talking four to five articles a day repeating these same themes over and over again. All sight-unseen. All based on assumptions that proved to be incorrect. Even the Apple apologists were mentioning the supposed weaknesses of the iPhone in order to appear less biased.

And then the iPhone was released, and the customer satisfaction rates were through the roof, and the press barely mentioned it.

Compare this to the press about the Zune. Not the Apple fan message boards, mind you, but the actual press. Article after article praising Microsoft's clever design and inclusion of crippled Wi-fi. Even after it became apparent that sales were pitiful, the press just kept rolling on with it's a new product, and it will catch up with the iPod sooner or later, etc.
post #65 of 165
Quote:
Originally Posted by zoskia View Post

There really are no limits to stupidity.

This is what we talk about when we say, "the only limit is your imagination."

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post #66 of 165
Quote:
Originally Posted by MAC4U View Post

This is a classic case of price gauging.


Funny.

Your misspelling is exactly what is happening here.

It's definitely a case of Apple being able to 'gauge' demand for the iPhone at a specific price point for a specific period of time.
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post #67 of 165
Here is what we do - we need to become really picky customers.

Right now, my iPhone screen is dimmer on the bottom than the top. I now consider this a defect, and will now return my iPhone, and keep returning it, until I get a defect free iPhone.


Before I was willing to tolerate things like this - but no longer.

Every product I get from Apple must be perfect, and its its not, I will use my warranty privileges to the fullest. I will get my money back, one way or another,
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post #68 of 165
Quote:
Originally Posted by GQB View Post

Umm, no, it is a computer.

yeah DEFINITELY a computer. That frikkin phone left me high and dry over the weekend. It crashed when using the camera and wouldn't restart so I had to restore. Well, I was on vacation with no computer or internet access-the ONLY way to get that thing working... there's no way to bypass anything in order to just get the phone working... ridiculous.

dt
post #69 of 165
Quote:
Originally Posted by MAC4U View Post

At nearly 1 million sold in two months, the iPhone is quickly on its way to becoming the best selling smart phone in history.Or maybe not, because now Apple has about 1 million pissed off customers who feel like theyve been ripped off.

The reality I see is how cut-throat Apple can be in dealing with its loyal customers.

I really doubt all 1 million buyers feel ripped off. It's not like Apple took their iPhones away from them, nor was anyone in a position that required they purchase a $600 phone.
post #70 of 165
Quote:
Originally Posted by adr1974 View Post

You and audiopollution are right. I can tell by your combined 6,768 posts that you're well-qualified in dispensing social advice...

Right then.

We've been told.

Back to your thread-crapping and spam!
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post #71 of 165
Shortly, Apple will be releasing an iPhone software update that shows the new Bitchfest icon that can be selected to conference call with all the iWhiners' who supposedly gotten taken for $200.
post #72 of 165
Quote:
Originally Posted by Bacillus View Post

Here is what we do - we need to become really picky customers.

Right now, my iPhone screen is dimmer on the bottom than the top. I now consider this a defect, and will now return my iPhone, and keep returning it, until I get a defect free iPhone.


Before I was willing to tolerate things like this - but no longer.

Every product I get from Apple must be perfect, and its its not, I will use my warranty privileges to the fullest. I will get my money back, one way or another,

I'm the same way, with everything I buy. Everyone should be.
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post #73 of 165
Quote:
Originally Posted by Bacillus View Post

Here is what we do - we need to become really picky customers.

Right now, my iPhone screen is dimmer on the bottom than the top. I now consider this a defect, and will now return my iPhone, and keep returning it, until I get a defect free iPhone.


Before I was willing to tolerate things like this - but no longer.

Every product I get from Apple must be perfect, and its its not, I will use my warranty privileges to the fullest. I will get my money back, one way or another,

And Apple will, in turn, add you to their super double-secret "problem customer" list.

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post #74 of 165
Quote:
Originally Posted by CREB View Post

Shortly, Apple will be releasing an iPhone software update that shows the new Bitchfest icon that can be selected to conference call with all the iWhiners' who supposed gotten taken for $200.

heh, heh.

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post #75 of 165
Quote:
Originally Posted by mrjoec123 View Post

I think the press, eager as it always has been to write anything negative about the iPhone, is making a big deal out of nothing. Even if there really are "thousands" of upset loyal Apple fans, that means there are hundreds of thousands of loyal Apple fans like myself who aren't upset at all. Once again, the vocal minority gives the impression that the sky is falling.

The only mistake Apple made is announcing the price drop on the day of the event, instead of waiting a day or two to allow some positive press for all the cool new iPod releases. This morning I'm reading a lot more about blogs and user forums full of typical Apple fanboy babies upset about a price drop (since when is a price drop a bad thing in any industry?) than I am about the all-new nano (which is cheaper than its predecessor, by the way) or the touch, or the Wi-Fi iTunes announcement, etc.

Knowing what I now know about the price drop, if I could go back in time I still wouldn't wait ten weeks to buy an iPhone. I'm guessing most other iPhone users would say the same thing.

$200 is a night or two out at a nice restaurant. I'll take ten weeks of iPhone ownership over that any day of the week.

I honestly think that Apple's "loyal customers" are its worst enemies. Always crying over spilled milk and giving the rest of the world the false impression of poor customer satisfaction. And the press just eats that up.

Not to burst your bubble but you are in the minority. Satisfied people are posting but they are being overwhelmed by unsatisfied people. If apple thought they were a minority, they'd stop deleting post on apple website... got so ridiculous, they even began to accidentally delete post that were defending them.. basically, they are trying to wipe the boards clean but the comments keep appearing at amazing pace. They even took the board down for a while. Usually the press is to blame but not this time. You reaction is kinda like knee jerk republican reaction to the press.. if you don't like your coverage, call the press bias (it can't be possible that a lot of people are angry.. nope, not possible at all).
post #76 of 165
Bullshit. If you purchased the Razor phone out of contract, it was still $399.

The Blackberry Perl has been out for a while and the BB Pearl2 is about to be released.

Go check the prices of the high end phone at Cingular, and you'll see that darn near all the smartphones still cost %100 of their release date price without a contract.
Quote:
Originally Posted by jsandresen1 View Post

If none of you ever bought a cellphone I can understand your disappointment. All cellphone comes out at one price and two to six months later the price drops at least twice.

When Motorola introduced the Razor at Cingular Three months later it was $100 off then another $50 and then free. When Blackberry introduces a new model if you buy it when it first comes out its $399 and within three months the price is less than half. The same is true for the Trio. When it first came out it was $599. Two months later it was $499 then $399. T

When I purchased the iPhone I new Apple would discount the phone. I wanted to be the first to have one so I paid the full boat. It should come as no shock to any of you that the price has been lowered to $99. What about all of those people who paid $299 and $399? The Blackberry Pearl was $399 when it first came out now with a rebate its now $149.99

If you are going to stop buying Apple products then you should stop purchasing all Blackberrys, Motorola, Trio and Nokia phones as well.
post #77 of 165
Quote:
Originally Posted by extremeskater View Post

Steve pretty much told all the fanboys bend over and take it like a man.

The iPhone was announced in January. People had seven months to decide whether or not it was worth $600 to them. If it wasn't, then they shouldn't have bought one until it inevitably became cheaper. Regardless of when the price changes, with technology you buy when the features and price meet your requirements. If someone's happy with the features and the price they're paying for it, then there's no reason to be upset afterward when either improves.
post #78 of 165
I think Apple's initial price was set for the fanboys that would pay through the nose. Once those people paid, the $399 price was adjusted to target the next category of consumers. Apple cares about their customers but they care about their income statement a little more. Apple knows the fanboys will complain but they will spend when the next great product comes along.
post #79 of 165
Jobs is exactly right. I am an avid Apple fan, I own a large amount of their common stock, and many Macintosh computers, iPods, and of course an iPhone. I knew I was taking a risk in buying any first generation Apple Product. It could have been a complete dud. It is not though.

Prices of technology fall, dramatically sometimes. I think the company saw that the pricing structure was just too high to hit its targets. Oh, well. I paid too much money for an I item I still enjoy. As an economist, I understand that I would still be willing and able to purchase and iPhone at the $599 price point, if it were still at that price. All Apple has done was "create" a larger consumer surplus for many people including myself. So, when I purchase my next iPhone I will see it as more of a bargain. Some people have been complaining that their iPhone has depreciated by $50 per week since launch. This is correct; but do you get less satisfaction from knowing that the price is now lower? Do you like your iPhone less? Well if you do, then sell it. Remember the $599 price is a sunk cost and should not be influential in future decisions. Basically what I am saying is get over it! It is just money.
post #80 of 165
Quote:
Originally Posted by BlackSummerNight View Post

Bullshit. If you purchased the Razor phone out of contract, it was still $399.

The Blackberry Perl has been out for a while and the BB Pearl2 is about to be released.

Go check the prices of the high end phone at Cingular, and you'll see that darn near all the smartphones still cost %100 of their release date price without a contract.

I'm not sure what your point is.

You are ostensibly buying the iPhone 'under contract', whether you buy it from AT&T or an Apple Store, as it is only usable on the AT&T network. As such, the price drop is not comparable to buying a Razr (or another smartphone) out of contract.
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