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Consumers Unlikely To Pay $500 for iPhone

Posted by Zonk on from the that-is-a-mighty-pricey-phone dept.

narramissic writes "A survey by online market research firm Compete Inc. finds that of the 26% of those who said they're likely to buy an iPhone, only 1% said they'd pay $500 for it, while 42% said they'd likely buy the phone for $200 to $299. Sixty percent of likely iPhone buyers would be willing to make the switch to AT&T wireless to get it."

6 of 412 comments (clear)

  1. Re:Well then? by bradkittenbrink · · Score: 3, Informative

    A survey by online market research firm Compete Inc. finds that of the 26% of those who said they're likely to buy an iPhone

    Yeah, you'd better run!
  2. Inflation depends on how you measure it by vlad_petric · · Score: 4, Informative

    Inflation has destroyed the US dollar (down 50% in 5 years), so prices double of what we paid 5 years ago can be considered "par" with the fall in value of the dollar.

    If you consider inflation to be the value of precious metals such as gold, then sure, you can get to absurd values such as 50% (mind you, there's no such thing as absolute reference value). OTOH, if you consider consumer price indexes, it's much lower - between 5 and 10%.

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  3. The plan is for 1% by janneH · · Score: 5, Informative

    I seem to recall that Steve Jobs said when introducing the iPhone that they were aiming for 1% of the market initially.

  4. Re:Ridiculous survey -- the product isn't out. by MrPerfekt · · Score: 4, Informative

    The iPhone looks terrible to me for a variety of reasons -- locked application support, AT&T (love my T-Mobile), restrictive networking (GPRS and not EDGE/3G?), etc

    It -is- an EDGE device. EDGE (2.75G) is pretty terrible though compared to real 3G (UMTS/HSDPA) service that Cingular offers. It's definitely in there for revision B but as Apple has stated they don't feel a need to implement it right now since most of the US isn't covered in UMTS/HSDPA service. That will change in the next 12-18 months when you can expect to see iPhone rev. B. T-Mobile is very lagged on their 3G deployment behind Cingular so your HTC is slow as balls anyway compared to Verizon's EVDO (which has very good coverage now) and Cingular's HSDPA (which is still in early deployment stages).

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  5. Re:Ridiculous survey -- the product isn't out. by PFI_Optix · · Score: 4, Informative

    I've been a Cingular user for years, and am quite happy with them. In fact, my only complaint is that they apparently are going to become AT&T Wireless. I have a bad history with AT&T Wireless and laughed when they were absorbed by Cingular. What really chafes me is that SBC bought AT&T, yet they're the ones who gave up the name.

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  6. Put your UID penis away. by Paradox · · Score: 4, Informative

    Don't mention your UID as a basis for any statement on /. unless it's lower than 100000. Ever.

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