You think you got it bad cause the iPhone dropped in price by $200? My family has bought three of them so far. Well, four, if you include Patrick’s mom, who just bought one a week ago. She’ll be able to get her $200 back, but the rest of us have paid an early-adopter-tax of $600.
My first response? This is nothing new.
I remember when Steve Wozniak showed me his new die-sublimation printer back in 1990. It cost him $40,000. Today a $70 printer does a better job.
This “reduce the pricing” trend is one of the reasons I LOVE this industry.
Seagate, today, just brought out new hard drives. More capacity. More features. Lower price.
Am I bummed that I spent $2,000 on my first 20 megabyte hard drive when today a $400 model is a terabyte? No. I’m happy!
I celebrate anytime our industry drops prices. It brings more people into what we’re doing.
That said, Terrence Russell in Wired talks about the four mistakes Apple made with the price drop. He makes some good points.
But, I’m cool with paying a high price to be first. I’ll be first in line for the next great innovation too.
I guess I should complain that my $4,000 HDTV now costs about $2,000 after a year and a half. Or that our new cars are only worth half what we paid for them. Or that gas prices are going up (I wish THAT industry worked the same way that the tech industry worked).
Actually, if I had something to be unhappy about it’d match the questions that PodCasting News asked of Apple.
UDPATE: Apple, er, Steve Jobs, just announced that we’ll get a $100 gift certificate for each iPhone purchased before the price drop. That’s awesome.