Quote:
Originally Posted by SaltyDawg
You're close but not quite accurate. The first iPhone actually was that cheap. And the reason it is cheap is not because Apple expects to sell so many. It's because Apple was making money off iTunes and the app store.
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The original iPhone was $600.00 and a lot of people were pissed when they dropped the price to $400. Remember the woman who tried to file a lawsuit against Apple because she paid so much at launch and they immediately dropped the price shortly thereafter?
Here is an old article from Gizmodo talking about the original price drop...
http://gizmodo.com/296705/8gb-iphone...gb-iphone-gone