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WWDC '08 Sees Slimmer, Improved, 3G iPhone
Many of us have been watching Apple's WWDC 2008 keynote unfold live. There are many exciting tidbits, but most of all is the announcement of the 3G iPhone. Featuring an even thinner profile, black plastic back, metal buttons, flush headphone jack, improved audio, GPS support, and improved battery life, this is bound to make quite a few people stand up and take notice. Update 18:54 GMT by SM: Best of all it looks like they really took the price point to heart, 8GB iPhones are now $199 and a 16GB model will be available for $299, coming to an Apple store riot near you on July 11,2008.
My point is that it's a complete waste of money, especially in a country where 8.8% of homeowners with mortgages are behind on their payments. After realizing that I was using my cell less and less in the past couple of years, I chose not to renew my contract and switched to a prepaid service last year. It saves me a lot of money that was quite literally being wasted.
In a few hours he web will be flooded with thousands of news articles and blog posts trumpeting Apple's "50% price drop" when it's complete rubbish because people are ignoring the total cost of ownership. In actuality, the decrease is probably in the range of 10%, depending on the plan you take. Not nearly as newsworthy, is it? Have fun in the reality distortion field, but remember that you're still on the hook for that expensive trinket if your job vaporizes 18 months from now. :)