Like I said, this doesn't happen in two months and never has. I can't think of a single consumer product that this has ever happened to. The closest is when MS dropped the price of the Xbox within months of it launching, but they gave early adopters two free games and a controller.
I find all the people laughing at the early adopters cruel and pathetic. They got a bum deal, they have been treated unfairly and people are getting enjoyment out of it.
DOES ANYONE UNDERSTAND BUSINESS?
The day you paid Apple your $ you entrered into a contract with them and you completely agreed to those terms.
1) You agree to pay $600 for an iPhone.
2) You agree to 2 years of service
3)
You agree that
you have 14 days to return it for whatever reason you want and no matter what happens after that 14 days you will abide by that agreement
4) You agree that Apple cannot and will not charge you more than they did after those 14 days or refund you anything should they lower the price after those 14 days.
I love how no one answered my question if Apple raised the price and asked you to come in and pay more would you? If not, why not?
The idiots who say no one has ever done this before or Apple has never done this before, SO FREAKING WHAT. Apple has never had a cell phone before. Should they never have made one? I never put my right sock on before my left. Does that mean I can't do it now if I choose?
BTW here: This was found on another site
10 reasons for the price cut
1. Sales are slowing, and a price drop will re-invigorate them.
2. Other smartphones are entering the market and a $399 price tag kicks those where it hurts.
3. iPhone is a classic platinum turkey -- a high-end phone that sells a million units rapidly but then quickly loses momentum.
4. The new iPod touch was likely to undermine iPhone sales.
5. Apple early adopters would have paid any price. $600 was just short term profit maximization for the launch.
6. Apple has reached a milestone that can justify a price cut. Development costs have been recouped. (It'll be a lot cheaper to produce the next million iPhones than the first, so Apple hasn't given away its margin.)
7. iPod Touch and iPhone share certain parts, thus bringing manufacturing costs down for both products.
8. Apple promised AT&T the price cut if they could offer the iPod touch this holiday season.
9. If Apple learned anything from the Mac war with Wintel, it was that maintaining hardware margins at the expense of marketshare was a mistake.
10. Clearing out inventory to make way for a 3G iPhone ASAP.