On Fri, 2007-09-07 at 10:18 +0530, Gautam John wrote: > "So Steve does things like this because he can. It reaffirms his iron > grip over both Apple and Apple's customers.
i don't see what the big deal is with the price drop (though clearly it affects profitability, hence the effect on share prices - if apple made an extra $100 mil with the $599 price, that's $100 mil investors expected to make with the sales projections for the year that won't come at the lower price). everyone i know bought the iphone because it's cool - indeed, a fashion accessory. nobody complains when the hermes scarf you bought at $xxx is available a while later at a steep discount in the sales. you paid the premium to be an early adopter, and expect prices to drop eventually. i'm pretty sure the media - which still treats apple as a maker of products - complained much more about the price drop than actual consumers did. -rishab
