Apple Sets iPhone Price at $399 for this Holiday Season

Would you buy an iPhone if it cost less than Rs. 20,000?


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aryayush

Aspiring Novelist
Apple Sets iPhone Price at $399 for this Holiday Season

SAN FRANCISCO—September 5, 2007—Apple® today announced that it is on track to sell its one millionth iPhone™ before the end of September, and to make iPhone affordable for even more customers this holiday season, it is lowering the price of the most popular iPhone model with 8GB of storage from $599 to just $399.

“The surveys are in and iPhone customer satisfaction scores are higher than we’ve ever seen for any Apple product,” said Steve Jobs, Apple’s CEO. “We’ve clearly got a breakthrough product and we want to make it affordable for even more customers as we enter this holiday season.” Read more...

[Via Apple]
 

RCuber

The Mighty Unkel!!!
Staff member
Arya .. let them first bring iTunes and iPhone to India,then we can think of buying it, depending on the cost ofcourse.
 

iMav

The Devil's Advocate
guys i searched a bit and it seems that the ipod touch and iphone cost the same :? - 399$

beleieve me it wud be really a waste of money going for the ipod touch ... go for the iphone dont use the phone use it as a pmp or hack it and use it as a phone as well ... 399$ for the touch 16gb nad iphone 8gb ... :? thats stupid marketting
 

gxsaurav

You gave been GXified
I had no idea that iPhone is selling so bad. First the release 2 models & then just after 2 months they discontinue it :D

Lets see, if iPhone was selling so well as Apple claims then why reduce prices?

Apple - Hey iPhone is selling so well, lets reduce the prices & sale it at a loss. :D
 
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aryayush

aryayush

Aspiring Novelist
LOL! Ever read demand and supply?

The demand for the iPhone was so high since two years before it was launched that Apple knew they could ride it and sell the initial units at any price they wanted. And they were right. Highest selling smartphone. Now that the demand has leveled off a bit, why not reduce the price and be more aggressive. They sold one million units in two months just in the United States. That's not a joke.

And if you really and truly believe that Apple is selling them at a loss, you must be on crack! :lol:

goobimama said:
Where's the "I'll buy it for 35k" option??!?!!?!
Oh, you wouldn't. :lol:
 

iMav

The Devil's Advocate
who givs a damn apple is selling a touch ipod for 399$ and an iphone for 399$ ... :?
 

sandeepk

Journeyman
With current dollar to rupee ratio it should cost nearly 16000-16500. If it costs 20000 then its nearly 25% greater than US price. Obviously this ratio will be different when it may be launched in India(when???) but still 20000 is a just too much!!
 

gxsaurav

You gave been GXified
aryayush said:
The demand for the iPhone was so high since two years before it was launched that Apple knew they could ride it and sell the initial units at any price they wanted

Means even u admit they were extorting/

Highest selling smartphone.

Blackberry anyone :rolleyes:
 
OP
aryayush

aryayush

Aspiring Novelist
gx_saurav said:
Means even u admit they were extorting/
Yes, I do. Absolutely and completely. They have been extremely unfair.

gx_saurav said:
Blackberry anyone :rolleyes:
LOL! :lol: It was the highest selling smartphone... which includes Blackberry and everyone else. The iPhone's sales exceeded BlackBerry's total sales of their entire range. :lol:
 

gxsaurav

You gave been GXified
Now that the demand has leveled off a bit, why not reduce the price and be more aggressive.

If the demand is so aggressive & high then why reduce the price :D, people are gonna buy it anyway in large volumes. Why incur loses
 

sakumar79

Technomancer
They wont make losses gx, just reducing the profit margin... By having increased sales quantity, overall profit will be higher than if they had stuck to same price (would have had fewer sales with higher profit margin)

Arun
 
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