iPhone Price Drop
Apple just finished up their special event this morning. Among other things, they announced a $200 price cut for the iPhone. I’m sure this is all well and good from a business standpoint, but I do feel kind of screwed. I bought the phone on day one, and while I don’t regret it, I might not have gone through the uncertainty of early adoption if I knew I could wait a measly two months and saved several hundred dollars. For taking a chance on an untested, controversial new product, it feels like Apple owes me a little more loyalty.
This also gives everyone who said the iPhone was too expensive an excuse to say “I told you so.” Apple could have waited until November to announce the cut, given us another couple of months to feel good about our purchase, and still had plenty of time to boost sales for the holiday season.
I’ll just have to take some solace in the fact that, as a stock holder, I’ll probably make a little money off the whole deal.