Apple Sets iPhone Price at $399 for this Holiday Season

Apple Sets iPhone Price at $399 for this Holiday Season

SAN FRANCISCO—September 5, 2007—Apple® today announced that it is on track to sell its one millionth iPhone™ before the end of September, and to make iPhone affordable for even more customers this holiday season, it is lowering the price of the most popular iPhone model with 8GB of storage from $599 to just $399.

“The surveys are in and iPhone customer satisfaction scores are higher than we’ve ever seen for any Apple product,” said Steve Jobs, Apple’s CEO. “We’ve clearly got a breakthrough product and we want to make it affordable for even more customers as we enter this holiday season.” Read more...

[Via Apple]

Arya .. let them first bring iTunes and iPhone to India,then we can think of buying it, depending on the cost ofcourse.

well wating for iPhone in india hope for price fectore also ..........

Yeah its a nice phone surely i will buy a one for me

20,000 /- aproxx for iphone is not bad

Where's the "I'll buy it for 35k" option??!?!!?!

goobimama said:
Where's the "I'll buy it for 35k" option??!?!!?!

Even "I'm the ultimate iFanBoy" will do.

^ LOL! True true!

guys i searched a bit and it seems that the ipod touch and iphone cost the same

- 399$

beleieve me it wud be really a waste of money going for the ipod touch ... go for the iphone dont use the phone use it as a pmp or hack it and use it as a phone as well ... 399$ for the touch 16gb nad iphone 8gb ...

thats stupid marketting

I had no idea that iPhone is selling so bad. First the release 2 models & then just after 2 months they discontinue it

Lets see, if iPhone was selling so well as Apple claims then why reduce prices?

Apple - Hey iPhone is selling so well, lets reduce the prices & sale it at a loss.

LOL! Ever read demand and supply?

The demand for the iPhone was so high since two years before it was launched that Apple knew they could ride it and sell the initial units at any price they wanted. And they were right. Highest selling smartphone. Now that the demand has leveled off a bit, why not reduce the price and be more aggressive. They sold one million units in two months just in the United States. That's not a joke.

And if you really and truly believe that Apple is selling them at a loss, you must be on crack! :lol:

goobimama said:
Where's the "I'll buy it for 35k" option??!?!!?!

Oh, you wouldn't. :lol:

who givs a damn apple is selling a touch ipod for 399$ and an iphone for 399$ ...

Now those who got it 4 599 must be cursing apple..

^^ Exactly :))

S

With current dollar to rupee ratio it should cost nearly 16000-16500. If it costs 20000 then its nearly 25% greater than US price. Obviously this ratio will be different when it may be launched in India(when???) but still 20000 is a just too much!!

aryayush said:
The demand for the iPhone was so high since two years before it was launched that Apple knew they could ride it and sell the initial units at any price they wanted

Means even u admit they were extorting/

Highest selling smartphone.

Blackberry anyone

Never tried apple stuff,but it looks good.

gx_saurav said:
Means even u admit they were extorting/

Yes, I do. Absolutely and completely. They have been extremely unfair.

gx_saurav said:
Blackberry anyone

LOL!

It was the highest selling smartphone... which includes Blackberry and everyone else. The iPhone's sales exceeded BlackBerry's total sales of their entire range. :lol:

Now that the demand has leveled off a bit, why not reduce the price and be more aggressive.

If the demand is so aggressive & high then why reduce the price

, people are gonna buy it anyway in large volumes. Why incur loses

S

They wont make losses gx, just reducing the profit margin... By having increased sales quantity, overall profit will be higher than if they had stuck to same price (would have had fewer sales with higher profit margin)

Arun

I'm glad it isn't me breaking my head trying to explain simple stuff...

(@sakumar79
Did you see that presentation, by the way?)

sakumar79 said:
They wont make losses gx, just reducing the profit margin... By having increased sales quantity, overall profit will be higher than if they had stuck to same price (would have had fewer sales with higher profit margin)

Yup, Apple always overcharges for the products. But with that logic, it means iPhone is already selling well, according to Apple, so people will buy it anyway. So again, why reduce price

reduce the price so more people like me would be attracted
thankx arya for bringing this to my attention hope my dad buys it from the philippines or i will have to settle with a k810i

It is only available in the United States of America right now and it is locked to AT&T so you cannot use it in India even if you buy it from there.

Wait. It will most probably come to India towards the end of the first quarter, next year.

trust me in the philippines they unlock each and everything

arya this 1s for ur arrogance ... read carefully:

even though jobs claims that the iphone price dop was to make it affordable analysts at wall street believe that the drop is because iphone isnt selling and that has triggered a drop in apples market rate ....

source: cnbc .... i trust this more than ur sheer arrogance

Sure. A phone that isn't selling has had a running of close to a million units in two months, higher than any other smart phone. Don't people think about what they say!

@Arya....sorry to burst your bubble(kidding tho

)...but you can get the iPhone to actually work here. Its working on the Hutch network in Mumbai w/o any problems, confirmed sources hai. 16.5k seems tempting, i just might put off my plans to get a new phone

aryayush said:
Sure. A phone that isn't selling has had a running of close to a million units in two months, higher than any other smart phone. Don't people think about what they say!

iPhone a smartphone...when did this happened

aryayush said:
Sure. A phone that isn't selling has had a running of close to a million units in two months, higher than any other smart phone. Don't people think about what they say!

More than 10 million people have faith in the Church of Scientology. Need I say more?

so now the great aryayush has claimed that wall street is a bunch of jerks :lol:

man ur giving stiff competition to Help~is~here

gauravakaasid said:
@Arya....sorry to burst your bubble(kidding tho )...but you can get the iPhone to actually work here. Its working on the Hutch network in Mumbai w/o any problems, confirmed sources hai. 16.5k seems tempting, i just might put off my plans to get a new phone

I know, mate. I was talking about the official availability.

Yamaraj said:
More than 10 million people have faith in the Church of Scientology. Need I say more?

If we were talking about how good the phone is and I'd talked about the sales figures, your comment would have made sense. But we are talking about total sales here and I mentioned the actual sales figures, which are spectacularly good. So the parallel you wish to draw does not make any sense at all.

iMav said:
so now the great aryayush has claimed that wall street is a bunch of jerks

Not them, but you. I just told you the actual sales figures which completely rubbish your claims of the iPhone not selling well.

^^ my dear those arent my claims

unfortunately its that hard for u read and understand .... i have quoted exactly what cnbc said

I'm not referring in any way to those claims, but not everything that the media puts out is correct. Everyone should know that by now.

^^^^^ yeah, specially if it shows the truth about Apple's not-so-good product & downplays it.

But if a Pro-Apple fan posts something on a blog, its true.

o cmon goobi ... now ur trying to tell that the guys who study stocks speak anything ... dude theres sense, common-sense and non-sense ... pick 1

dude theres shut up, wtf are you talking about and get lost ... pick 1

Now there are sources confirming an early rumor about 3G enabled 16 GB iphones to be released in Europe..... source: Engadget.....

aryayush said:
dude theres shut up, wtf are you talking about and get lost ... pick 1

no 1 can help it if u cant accpet a simple fact pointed out by people far more knowledgable than u ... to be honest if u question the statements made by cnbc stock correspondents and trade analysts who give a reason for the fall in apple share prces .... just goes to tell how much of a rational mind u possess (sorry cudnt put it more politely)

aryayush said:
If we were talking about how good the phone is and I'd talked about the sales figures, your comment would have made sense. But we are talking about total sales here and I mentioned the actual sales figures, which are spectacularly good. So the parallel you wish to draw does not make any sense at all.

Come again?

"If we were talking about how good the phone is and I'd talked about the sales figures, your comment would have made sense. But we are talking about total sales here and I mentioned the actual sales figures, which are spectacularly good. So the parallel you wish to draw does not make any sense at all."

iMav said:
besides no 1 can help it if u cant accpet a simple fact pointed out by people far more knowledgable than u

Well, people far more knowledgeable than me have also supported my theory, namely John Gruber. It is, after all, my choice which one makes more sense to me and whom I choose to believe.

aryayush said:
"If we were talking about how good the phone is and I'd talked about the sales figures, your comment would have made sense. But we are talking about total sales here and I mentioned the actual sales figures, which are spectacularly good. So the parallel you wish to draw does not make any sense at all."

Gibberish!

arya if im not mistaken thats what jobs said right? ... cnbc played the same statement and then went on to quote the drop in share pricses and statements made by analysts

also 1 more thing arya that i think will make u regret making the ruthles corporation statement ... apple is giving 200$ refund to ppl who bought the iphone in the last 14 days

That is standard Apple policy and I knew about that. Not in the last fourteen days but the last ten days. If you bought within the last ten days from the launch day and complain within fourteen, you are entitled to a rebate.

Does not change the fact that this was a very rude decision on Apple's part. As much as I love the company, I don't think most customers would take kindly to such mistreatment. I would have been devastated if I'd been handed the rough end of the stick in that fashion. One thing is for sure, I'm going to think twice about purchasing any first generation product from Apple now.

Apple iPhone officially gains ability to output video to TVs, monitors

Apple's iPhone is now officially capable of pumping video out to TVs and monitors...

The pages for the Apple Composite AV Cable and the Apple Component AV Cable now clearly list iPhone among their supported devices lists.

The Apple Composite AV Cable (US$49, Ships: 3-4 weeks) supports:
• iPod with color display
• iPod with video
• iPod nano 3rd generation (aluminum)
• iPod classic
• iPod touch
• iPhone

The Apple Component AV Cable (US$49, Ships: 2-3 weeks) supports:
• iPod nano 3rd generation (aluminum)
• iPod classic
• iPod touch
• iPhone

[Via MacDailyNews]

So, TV out has also been added to the JesusPhone now.

From Steve Jobs:
"Therefore, we have decided to offer every iPhone customer who purchased an iPhone from either Apple or AT&T, and who is not receiving a rebate or any other consideration, a $100 store credit towards the purchase of any product at an Apple Retail Store or the Apple Online Store. Details are still being worked out and will be posted on Apple's website next week. Stay tuned."

*www.apple.com/hotnews/openiphoneletter/

We want to do the right thing for our valued iPhone customers. We apologize for disappointing some of you, and we are doing our best to live up to your high expectations of Apple.

Steve Jobs

I have a little tear in my eye! ::Sniff!::

But word around is that it is going to be $100 store credit.......Not bad indeed. I was wondering how they were going to literally give back $100 to those hundreds of thousands of people...

Already posted here, dude! You really think I would miss something this big? (Check out the last few comments starting with the "Queen Elizabeth" one. You will laugh your head off! :lol:

)