SamuelRSmith on 24 January 2012
| KillerMan said: Apple phenomenon is probably thing that I will never fully unterstand. Yes they make quality products and it's not surprising to see them sell well but really that well? 36 million people spent almost $700 dollars to own a phone? Not to mention that competition makes great phones also. Damn. |
While I often argue that the success of such products (particularly in our current economic environment) is down to the distortion effect on prices thanks to inflation, a major component of the iPhone's (and other smart phones') success is the contract model. If you were to explain to people that they're dropping $600-$700 on a phone, most would certainly reconsider. When that price is hidden away in a monthly bill over the next two years, however, the situation completely changes.
