Laughing off recent concerns about his health, a skinny–but energetic–Steve Jobs uncrated Apple’s latest hardware and software offerings this morning. Among them: iTunes 8 with HD, firmware updates for the iPod Touch and iPhone and a revamped line of iPods–including a new oval-shaped nano that is the thinnest iPod Apple has ever made.
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Apple co-founder Steve Wozniak is as peeved as anyone over the iPhone’s recent price cut–more so since he’s apparently purchased upward of 20 of them for friends (like Kathy Griffin?). During a Q&A session this past weekend at the ConnectWise Partner Summit in Tampa, Fla., Wozniak lambasted Apple for dropping the iPhone’s price by $200 just 68 days after bringing it to market.
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The $100 iPhone credit Apple issued this morning won’t go a long way in the Apple Store, but it will likely go a long way in showing the company’s goodwill toward peeved early adopters who paid $599 for the iPhone only to see its price drop to $399 a few months later.
Which makes it not [...]
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In addition to a torrent of complaints from early adopters, the iPhone’s $200 price cut appears to have spiked sales of the device. Piper Jaffray analyst Gene Munster estimates that iPhone sales rose from 9,000 to 27,000 per day after Apple announced the cut last week.
Clearly, the move is having the effect Apple [...]
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Investors who dumped their Apple shares last Thursday believing the iPhone’s jarring $200 price cut to be a sign that it was falling short of market expectations must be choking on their cornflakes this morning. Apple said it had sold its one-millionth iPhone yesterday, putting it about three weeks ahead of its own internal forecasts. [...]
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With its offer of a $100 store credit to iPhone owners galled by its surprise one-third price cut, Apple seems to have quelled its burgeoning fanboi rebellion.
And today, many observers are describing the $100 credit as an admission by the company of a rare marketing misstep. Buried in a firestorm of hate mail from betrayed [...]
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