Apple slashes 8GB iPhone price by $200

Via Macworld

Those 4GB iPhones just became collector’s items. Apple dropped the 4GB version of its mobile phone and slashed the price on the 8GB model to $399—$200 less than its introductory price.

If I were a fan of Mac at all AND if I had bought one of these things at $599 a few months ago I’d be livid and probably never buy another Mac product again. And guess what, it sounds like some people are a bit upset. This is just a bad business practice.

I love technology and new gadgets and gizmo’s, but I’ve said it before and I’ll say it again…as a rule of thumb, DO NOT BUY TECH PRODUCTS WHEN THEY ARE FIRST RELEASED! Give them a little time to have the bugs worked out and then wait at least for the first price drop, if not the second or even third. Trust me, you’ll thank yourself in the long run.

UPDATE: September 6, 2007 @ 3:30pm (EDT)

To appease the uproar Apple is offering a $100 “store credit” to customers.  So you’re still out $100 for being a “bleeding edge” type AND you don’t actually get any of the money back. I guess you can now go claim a “free” iPod Shuffle* and download a few songs and/or a few episodes of Lost.

* My review of the iPod Shuffle will be coming some day, so be on the lookout for that.

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One Response to “Apple slashes 8GB iPhone price by $200”

  1. Tech Consensus: Don’t buy an iPhone » The Musings of Brian Groce » Surge Bucket Media Says:

    [...] they did it, I can’t see how this will be good for business, especially after the uproar from the recent $200 price drop.  But hey, I guess that it isn’t my business, [...]

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