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Apple Unveils Smaller iPhone SE, Starting At $399 (techcrunch.com)
An anonymous reader writes: Apple has officially unveiled a smaller, cheaper iPhone designed to make a splash in the budget-friendly smartphone market. The new device, called the iPhone SE, looks nearly identical to the iPhone 5S but with a new rose gold color configuration. It's the internal specifications that differ significantly. The new iPhone SE will feature a NFC chip for Apple Pay, A9 processor and M9 motion co-processor, 12-megapixel camera sensor with the ability to capture 4K video, and a Touch ID fingerprint sensor. Unfortunately, it does not feature Apple's new 3D touch functionality. The iPhone SE will come in two models, 16GB and 64GB, priced at $399 and $499 respectively. You can buy the new iPhone starting March 31, and it will make its way to 100 countries by May.
Apple makes 2/3 of their revenue from the iPhone. It's priced SO properly that they are the biggest company on earth. And have a quarter of a trillion dollars in short term funds. While growing/expanding and paying out 2% dividends.
Their pricing works very well for them. From a financial point of view, they are the envy of every company on earth, and many governments.
They're not going to listen to a bunch of cheap bastards whine about don't charge us so much. Go buy your cheap piece of shit phone if you don't want to pay for an iPhone. Just shut the fuck up.
When you sell tens of millions of something it cannot be a status symbol, or if it is it is a very poor one. Nobody gives a shit if you have an iPhone or thinks you are special for it. Nobody I've ever met has bought one with the expectation of gaining meaningful social status. It's just not that special. I have people working for me that make barely over minimum wage who have iPhones and they don't regard it as a status symbol. The meme that Apple users are self absorbed social climbers out of proportion to the general population is ridiculous nonsense.