Just read an article in the WSJ about how Apple's price cut for the iPhone has "shaken investors." Apple got rid of the $499 model and lowered the price of the $599 model to $399. This will undoubtedly piss off everyone who waited in lines for hours and paid full price for something only to have the price reduced a few months later. And by "everyone" I mean the Apple fanatics that make up the core of Apple's market.
This move reeks of desperation. Eliminating the lower priced model makes sense, and reducing the higher priced one to the lower price could make sense as well. At least it could be rationally explained: the lower priced model wasn't selling so they eliminated it and reduced the price of the higher priced model to the lower price. But going lower than the lowest price just underlines how desperate Apple must be.
I really think that Apple is in for a big downturn.
Update - This news from yesterday was apparently Apple's big news that everyone thought would involve the Beatles catalog. They also announced the new iPod touch, which is essentially an iPhone without the phone. And a new iPod nano that doesn't have the shuffle "feature."
Is it enough to save Apple? I think not.
And some guy likes old Macs.
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