Slashdot Mirror


Crazy Stevie's iPhone Prices are Insaaane!

theodp writes "Slate takes a look at the alarming lesson of the iPhone price cut and ponders the long-term effects of a Fire-Sale Nation mentality, especially when companies go all Crazy Eddie slashing prices on products like homes and cars that have active secondary markets. 'High-profile price-chopping tends to occur whenever companies freak out about the vicious combination of a slowing consumer economy and the prospect of getting stuck with big inventories of unsold goods. The tactic often works in the short term. The hype over insanely low prices functions as a form of free advertising, and the lower prices tend to attract buyers. Apple announced on Sept. 10 that it had sold its 1 millionth iPhone.'"

4 of 357 comments (clear)

  1. Re:Don't forget by HeavensBlade23 · · Score: 4, Funny

    He's not in jail, he's been on the cover of every Iron Maiden album ever made.

  2. prices drop over time? by ArchieBunker · · Score: 4, Funny

    Sounds almost like a Mr. Obvious sketch. What do you mean technology prices drop over time?

    --
    Only the State obtains its revenue by coercion. - Murray Rothbard
  3. That's right! by sharkey · · Score: 2, Funny

    I'll club a seal to make a better deal!

    --

    --
    "Outlook not so good." That magic 8-ball knows everything! I'll ask about Exchange Server next.
  4. Re:$600 to Free by Anonymous Coward · · Score: 1, Funny

    Anybody who paid $600 for a frikkin scooter is nuts!