As guessed, the iPhone has supassed its expectations in sales. According to TechCrunch, Apple sold around 400,000 to 500,000 iPhones earlier in the week with their partner and mobile service provider AT&T.

According to Apple, the iPhone is sold out in the 95 out of their 164 stores and AT&T’s stock is almost been depleted. It’s predicted that Apple has made a profit of $200 million to $266 million in three days, since the day of the release of the phone from June 29th. Therefore, supplying stores with the iPhone may be hard to keep up with the soaring sales.

Would you buy the iPhone?
I’m not and never was a fan of any phone that would cost over $300 and the iPhone was not in the top of my list in buying a phone when it came out.

Since the iPhone is highly in demand in the market, Apple and AT&T will extract as much money as they can from the consumers. If you know the supply and demand theory in the study of economics, then you can guess that the price of the iPhone will not go down for a very long time.

The iPhone presented by Steve Jobs

To get the service with the iPhone you need to sign up with a 2-year contract with AT&T, pay for the iPhone – $499 for the 4GB and $599 for the 8 GB, and sign up with a service plan starting at $59.99 plus taxes and fees.

So, knowing all that I don’t think I’m willing to pay that much for a phone and a phone service with features that I don’t need and I will never use. $500+ is enough money to invest in other things such as more marketing for my blog so, I can get a good return.

So, after reading all this, tell me, would you buy the iPhone now?


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