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Are You Getting the iPhone?

iPhoneThe iPhone launches tomorrow and people are going to be rushing to get their hands on one. Apparently there is a huge demand for the phone which will run $499 plus a $59.99 a month plan through AT&T Wireless. The phone is definitely a costly item. I recently decided to go ahead and buy the Blackberry Curve rather than waiting for the iPhone because I was highly skeptical of the iPhone keyboard. To counter the buzz that had been circulating about a non-friendly keyboard, Apple released a video yesterday demonstrating the keyboard functionality. I watched the video and I have to say that I’m still a little skeptical. Conversely, I can’t argue that I can type 80 words per minute on my Blackberry Curve. Someone should release a typing speed test for the Blackberry. Anyone know of one? If you plan on getting your own iPhone chances are you are going to have to wait in long lines given that people are camping out, even the employees. Tomorrow will be a big day for iPhone fans worldwide. Will you be getting one?

June 28th, 2007

Posted in General | Digg this Article | Article by Nick ONeill

2 Responses to “Are You Getting the iPhone?”

  • Chris Rossini Says:
    June 28th, 2007 at 9:45 am

    Not me.

    I can’t stomach dropping a minimum of $2,000 over a 2 year period for it.

  • Eric B Says:
    June 28th, 2007 at 10:26 am

    Judging by yesterday’s selloff, I think potential customers are starting to realize how expensive the iPhone will be. If you sign the mid-range $99.99/mo service plan after purchasing the 8GB iPhone model, that alone will set you back $3000 during the two-year contract (without any accessories)!

    Other potential hurdles:

    * You must be an AT&T customer to use the iPhone. With a market share of 20%, that means 80% of wireless customers must cancel their current contracts to sign with AT&T. Being a Sprint customer, I would have to pay a $175 cancellation on top of the $3000 price tag for the iPhone. AT&T’s exclusive contract runs through 2009.
    * Only 4 & 8GB of hard drive space? My tiny video iPod holds 30 GB for less than $200.
    * Recent surveys have shown that the majority of IT departments will not even consider the iPhone due to its PC incompatibilities & exclusive AT&T contract. That will dampen business spending & all but eliminate demand for the higher-tier contracts.

    This is the ultimate “sell the news” scenario. On Jan 9th 2007, Steve Jobs announced the iPhone at the Macworld Conference & Expo. The stock has since been on fire rising 50% to $125, adding $30 billion to the company’s market capitalization. Will the iPhone really hold that much value for Apple? This huge runup comes after a fantastic finish to 2006 after Apple’s stock bottomed out at $50 in October. Thus, nearly everyone holding Apple is sitting on huge gains.

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