Update: Apple Drops 4GB iPhone, 8GB Model Now $399
September 5, 2007 5:20 PM
comment(s) - last by
Apple does the unthinkable with the iPhone
Do you hear that sound? It's the sound of thousands of iPhone customers crying their hearts out. In addition to the new iPods, ringtones for the iPhone and
iTunes Wi-Fi Music Store
, Apple has announced a price cut for the iPhone.
Apple has dropped the 4GB model from the iPhone lineup. Its sales have been lagging behind the more spacious 8GB model so Apple decided to remove the dead weight. In addition, Apple has cut the price of the 8GB iPhone by $200 – the device will now retail for $399.
This move by Apple even undercuts the
pricing for refurbished iPhones
that was announced in late August. Refurbished 4GB and 8GB iPhones were listed on the Apple Store for $399 and $499 respectively.
Apple is being quite aggressive with its iPhone and the $200 price cut leaves room for a 16GB model on the high end in the future. Considering that the iPhone-esque iPod touch comes in a 16GB model, the move is inevitable.
Although Apple is discontinuing the 4GB iPhone, that isn't stopping the company from offering it for
$299 at the Apple Store until the supply is exhausted
This article is over a month old, voting and posting comments is disabled
9/5/2007 4:54:19 PM
You mean aside from the fact that lowering prices to spur demand is economics 101 stuff that has been a basic fact of business strategy for as long business has been in existence.
Yeah you are right I wonder how people would guess its not selling well.
"I'm an Internet expert too. It's all right to wire the industrial zone only, but there are many problems if other regions of the North are wired." -- North Korean Supreme Commander Kim Jong-il
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