iPhone Scandal

Yesterday, Apple held an event titled “The Beat Goes On”. You can watch it here if you’d like to experience Steve Jobs’ Reality Distortion Field. I won’t bore you with the details; basically, Apple released a bunch of iPods. The most interesting product released, in my opinion, is the iPod Touch. It’s the ‘iPhone without the phone’. However, the biggest news isn’t a product, but rather a price cut.

The iPhone’s price dropped $200. The phone that came out two months ago is now $399 rather than $599. Anyone who bought it when it first came out essentially paid an early adopter tax of $100 a month. That’s insane!

After Apple’s stock price mildly plummeted, ~5%, Jobs issued an open letter to iPhone owners saying that Apple would credit early adopters with $100 store credit. It’s your textbook case of damage control. I predict the stock price to bounce back tomorrow.

Here’s the interesting portion within all of this controversy: The iPhone is $399! I’d love to purchase one, but from what I’ve heard from my awesome readers and other people, AT&T’s service is spotty in my area. Really, in all honesty, it is overkill for my needs. The holidays are coming, and the iPhone seems to be a killer product… again.

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5 Responses to “iPhone Scandal”


  1. 1 Christine

    Wow, this is tough. How bad is AT&T in our area? Pretty awful, huh? It would be awesome to have an iphone, though. Oh well, I’ll just have to keep in mind the informative AT&T coverage statement I heard at the Dover Carnival: “AT&T suuuuuuuuucks!!”

  2. 2 Chris

    My ecomomics teacher thought Steve Job’s was a genious for this. I was leaning more toward “Evil” but I guess you cannot expect a man to be more than an animal.

  3. 3 Ricky

    I think it’s a combination between genius and a grave mistake. It causes mistrust toward the company for those early adopters, but will end up selling more phones.

  4. 4 Chris

    My economics teacher seemed to think that it pleased the early adopters, but I’d still be out $100 bucks.

    Plus, what can you buy at the apple store for $100? Some accessories, and some songs on itunes?

  5. 5 Ricky

    Well, there’s one big thing that can be bought at the Apple Store for almost $100, almost now…

    Next month, Apple reveals their next big thing, the new version of the MacOS.

    Mac OS X Leopard, my most anticipated product of the year. I’ll be covering it on Exposay, of course.

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