- 09-05-2007, 11:07 PM #3051
Technology (beta products, imho) are sold at a premium to the early adopter. Fine if you can afford it.
But Apple's 33% price cut is very drastic, and it can't help but generate buyers remorse. I think some folks feel suckered, esp. since Apple's pricing track record indicates that this was not the ecpected action they would take.
I still think they aren't selling as many as expected - possibly a lot fewer than expected - and this price cut is to fuel more sales.
What's really interesting is that now, the "phone" function is only "worth" $99, if you use Apple logic (Touch+99=iPhone).
Anyway, I don't think anyone predicted this price hack (I certainly thought Apple would keep price high), but they also realize (smartly) that now is the time to get as many iPhones out there as possible, and if price cuts do it, so be it.
- 09-05-2007, 11:10 PM #3052
- 09-05-2007, 11:30 PM #3053
I can guarantee some peope feel like suckers because they spent $200 more. And the 4GB people should really feel crappy. Their phone is obsolete after 2 months and they payed $200 more for half the space!
- 09-06-2007, 05:19 AM #3054
I bought one around 8/26 and was fortunate that i took it back (the wife had probs with reception at her work on a military base).
But had i kept it? Yeah, i'd been kinda mad about it. Noone likes buying something and have it decrease 30% the next week and NOT be able to get some kind of credit.
It's surprising to me that Apple would do this and not offer some kind of itunes credit thing to the early adopters. Apple is usually very smart in its marketing. You don't want to punish your most faithful.
Again, i'm surprised. Apple could eat those credits easily and save a lot of face. Heck, they'd be praising apple even more so than already.
- 09-06-2007, 07:29 AM #3055
- 09-06-2007, 07:44 AM #3056
- 09-06-2007, 07:51 AM #3057
The first set of early adopters went thru hell in that summer heat and it's a real kick in the nuts to now see the phone for such a cheap price. I wouldn't call them suckers but "masochist" might be better adjective for the 1st day buyers.
- 09-06-2007, 08:19 AM #3058
- 09-06-2007, 08:38 AM #3059
No Good Deed goes Unpunished
But, am I mistaken that the same people who argued that Apple priced the phone too high in the first place are the same ones that are whining because they cut the price too much too soon? "No good deed goes unpunished."
- 09-06-2007, 08:55 AM #3060
- 09-06-2007, 11:15 AM #3061
I guess what I meant was if you purchased the iPhone wherein you are still within the 14-day return policy in reference to the price cut from yesterday - has anyone tried to go back to the Apple Store to return and buy another one at the lower price? if so, were you able to do so, or use the difference to purchase other stuff?
- 09-06-2007, 11:56 AM #3062
- 09-06-2007, 02:50 PM #3063
- 09-06-2007, 04:18 PM #3064
- 09-06-2007, 05:24 PM #3065
I think this may have a chilling effect on the next big hyped release from Apple. People may wait to see if there is a price drop before getting burned again.
But honestly, cel phones do seems like they can get discounted rather fast in the market, usually because of deals by the carriers to increase new customers. The fact that Apple sells them via retail (unlike any other vendor really) makes this much more high-profile IMO.
- 09-06-2007, 05:54 PM #3066
- 09-06-2007, 05:59 PM #3067
Also does that mean you won't be redeemimg your store credit?
P.S. It isn't that I'm not happy Apple priced the iPhone correctly. It's that it looks bad that they charged $200 more, then somehow "realized" their "mistake" after collecting a lot. Maybe if within a week of releasing the iPhone they'd done this and offered credits, it also might not look so strange. Yes, I'm a bit cynical, LOL!
- 09-06-2007, 06:24 PM #3068
Why not offer is at $399 to start?
I know, I know, pricing is an art, blah blah blah. I've been through all the classes and such on this topic. Problem is that Apple beleived the iPhone was really the JPhone, and probably let the pricing get away from them.
And from Job's original keynote:
"So what should we price it at? Well, what do these things normally cost? An iPod, the most popular iPod, $199 for 4 gig nano. What’s a smart phone cost? Well, they say you get the phone and some of the Internet with it, although that’s questionable. But they cost somewhere around $299. You can get them for $199. Palm just introduced one at $399 yesterday, so they generally average about $299 with a two-year contract. Now, these phones sort of do music but nobody uses them for music because they’re not very good and so they end up buying an iPod to go with the phone. We know, we sell the iPod. And so people spend $499 on this combination"
All trying to explain away the inflated price.
And his recent actions, first, an a big "eff you" to customers, and then giving then $100 credits (for more overpriced stuff):
(from article http://www.bakersfield.com/119/story/229757.html)
"But Jobs added that "the technology road is bumpy," and there will always be people who pay top dollar for the latest electronics but get angry later when the price drops.
"This is life in the technology lane," Jobs said.
Immediately after the cuts were announced Wednesday, Jobs' tone was less conciliatory. He tartly rebuffed criticism about whether some of Apple's most die-hard fans would be miffed by the company's latest actions.
IPhone owners who bought their device that morning, he said an interview with USA Today, "should go back to where they bought it and talk to them. If they bought it a month ago, well, that's what happens in technology."
Jobs then apparently had a change of heart. The company is making the right decision by lowering the iPhone price, he said in his letter, but needs to "do the right thing for our valued iPhone customers."
"(W)e need to do a better job taking care of our early iPhone customers as we aggressively go after new ones with a lower price," he said. "Our early customers trusted us, and we must live up to that trust with our actions in moments like these."
Seems Steve needs to learn that "customers" ride that "bumpy road", and if you are a crappy driver, they don't appreciate it.
I'm sorry, but there have been NO phones/pdas/gadget products where the price was cut 1/3 after 60 days.
Customer will learn - they will wait 60 days to see if the price drops.
If it's $399 now, how about in Dec? Maybe it will go down another $50, $100. Depends on how many Apple sells betwen now and then.
Apple has put themselves in a tough spot. And now, if going forward, people will expect credits.
Jobs is treating early iPhone buyers like he did the Apple ][ fans....he suckered them along, then put out the Mac, and completely disenfranchised them. Just look at history to see the furture...
- 09-06-2007, 06:34 PM #3069
It's because someone pointed out to him that it looks like he was milking early adopters, I bet you that's it.
Honestly I wouldn't have gotten that feeling had they done this 5-6 months later around Christmas. I'd have said "oh well" because it's normal for a lot stuff to drop after 6 months anyway. Except for Apple stuff of course, but cell phones are different, as someone else probably pointed out to Jobs.
P.S. I see stock price dropped over the announcement of the price cut. interesting...
- 09-06-2007, 06:55 PM #3070
i think they did the right thing by the consumer to safeguard their goodwill. does it make the situation perfect? i don't think so, but it does show what kind of power this company has.
- 09-06-2007, 08:14 PM #3071
Still, I have to say that I feel less ripped off by Apple than I did paying Palm $700 for a GSM Treo while CDMA customers were paying $400-. I cannot remember; did Palm ever offer me a credit?
- 09-06-2007, 08:17 PM #3072
- 09-06-2007, 08:52 PM #3073
- 09-06-2007, 08:53 PM #3074
- 09-15-2007, 08:52 AM #3075