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Cellular Phone Forum / Providers / ATT Wireless / March 2008

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$100 price-cut on 16GB iPhone on the horizon; 8GB iPhone to be     discontinued soon?

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4phun - 09 Mar 2008 23:00 GMT
I am all for Apple extending a bigger bang for the buck to new iPhone
users. Drop that price now Apple. Stay ahead of the competition where
almost no one has 16GB of fast memory built into their phone. They
have

$100 price-cut on 16GB iPhone on the horizon; 8GB iPhone to be
discontinued soon?
Posted by Will on Monday, February 11th, 2008 at 1:38 am under Rumors,
iPhone, Apple
http://www.intomobile.com/2008/02/11/100-price-cut-on-16gb-iphone-on-the-horizon
-8gb-iphone-to-be-discontinued-soon.html#comment-171203


In true Apple form, we're hearing through the grapevine that Apple may
be planning to slash prices on its iPhone handset again. This time,
the price-cut will be affecting the newly released 16GB iPhone and may
coincide with the discontinuation of the 8GB iPhone.

If you'll recall, Apple slashed the price of the 8GB iPhone some
months ago while discontinuing the 4GB iPhone, so this rumor sounds
right down Apple's alley.
News - 09 Mar 2008 23:03 GMT
> $100 price-cut on 16GB iPhone on the horizon; 8GB iPhone to be
> discontinued soon?

To summarize, they can't give them away...
RBM - 09 Mar 2008 23:25 GMT
>> $100 price-cut on 16GB iPhone on the horizon; 8GB iPhone to be
>> discontinued soon?
>
> To summarize, they can't give them away...

For all I care... they could
Anybody - 10 Mar 2008 00:55 GMT
> > $100 price-cut on 16GB iPhone on the horizon; 8GB iPhone to be
> > discontinued soon?
>
> To summarize, they can't give them away...

You're probably right. Few people would want a 8GB iPhone when there is
a 16GB version.
Kurt - 10 Mar 2008 03:54 GMT
> > > $100 price-cut on 16GB iPhone on the horizon; 8GB iPhone to be
> > > discontinued soon?
[quoted text clipped - 3 lines]
> You're probably right. Few people would want a 8GB iPhone when there is
> a 16GB version.

And exactly why is that?

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Anybody - 10 Mar 2008 04:08 GMT
> > > > $100 price-cut on 16GB iPhone on the horizon; 8GB iPhone to be
> > > > discontinued soon?
[quoted text clipped - 5 lines]
>
> And exactly why is that?

Because most people are simply greedy. Whether they NEED it or not,
they simply WANT the newest and biggest.
DTC - 10 Mar 2008 06:14 GMT
> And exactly why is that?

Trophy wife, err... trophy toy syndrome?
George - 10 Mar 2008 13:36 GMT
>>>> $100 price-cut on 16GB iPhone on the horizon; 8GB iPhone to be
>>>> discontinued soon?
[quoted text clipped - 3 lines]
>
> And exactly why is that?

For childish "mine is bigger than yours" bragging rights?
Ron - 10 Mar 2008 14:44 GMT
>>>>> $100 price-cut on 16GB iPhone on the horizon; 8GB iPhone to be
>>>>> discontinued soon?
[quoted text clipped - 5 lines]
>
>For childish "mine is bigger than yours" bragging rights?

There's more and more content out there to quickly fill up Gigs of
free space. Movies, TV shows, U-Tube, ebooks, etc.
and who doesnt have a digital camera anymore, and of course there's
a good camera in the iPhone.
Anybody - 10 Mar 2008 20:52 GMT
> >>>>> $100 price-cut on 16GB iPhone on the horizon; 8GB iPhone to be
> >>>>> discontinued soon?
[quoted text clipped - 10 lines]
> and who doesnt have a digital camera anymore, and of course there's
> a good camera in the iPhone.

Me. I don't have a digital camera, nor an iPod, nor a mobile phone
(iPhone is not available here yet, at least not officially).
Ron - 11 Mar 2008 00:03 GMT
>> >>>>> $100 price-cut on 16GB iPhone on the horizon; 8GB iPhone to be
>> >>>>> discontinued soon?
[quoted text clipped - 13 lines]
>Me. I don't have a digital camera, nor an iPod, nor a mobile phone
>(iPhone is not available here yet, at least not officially).

I wouldn't brag about it if I lived in a 3rd World country.
Todd Allcock - 11 Mar 2008 00:36 GMT
>>Me. I don't have a digital camera, nor an iPod, nor a mobile phone
>>(iPhone is not available here yet, at least not officially).
>
> I wouldn't brag about it if I lived in a 3rd World country.

Maybe not everyone in the world can be as fortunate as you were to be born
into your family with the ability to spend your parents' money.
Ron - 11 Mar 2008 01:13 GMT
>>>Me. I don't have a digital camera, nor an iPod, nor a mobile phone
>>>(iPhone is not available here yet, at least not officially).
[quoted text clipped - 3 lines]
>Maybe not everyone in the world can be as fortunate as you were to be born
>into your family with the ability to spend your parents' money.

Not my family, my parents never had a car.
Anybody - 11 Mar 2008 00:54 GMT
> >> >>>>> $100 price-cut on 16GB iPhone on the horizon; 8GB iPhone to be
> >> >>>>> discontinued soon?
[quoted text clipped - 15 lines]
>
> I wouldn't brag about it if I lived in a 3rd World country.

Although the telephone, Internet and health systems do indeed make New
Zealand appear to be a third world (if not fourth world) country, it
claims to be higher up the chain than that.

Personally I simply have absolutely no use for a digital camera, iPod,
PDA or mobile phone. For the last one I'm waiting for the G3 iPhone to
be released here ... probably some stage in 2010 judging by when we got
an iTunes store, but at least by then I might actually need one.  :-)
Ron - 10 Mar 2008 00:56 GMT
>> $100 price-cut on 16GB iPhone on the horizon; 8GB iPhone to be
>> discontinued soon?
>
>To summarize, they can't give them away...

Nice try. Best selliong smart phone, on track
to sell 10 million in 2008.
Kevin Weaver - 10 Mar 2008 01:01 GMT
>>> $100 price-cut on 16GB iPhone on the horizon; 8GB iPhone to be
>>> discontinued soon?
[quoted text clipped - 3 lines]
> Nice try. Best selliong smart phone, on track
> to sell 10 million in 2008.

If on track then why lower the price ? So they will be on track is why.
Ron - 10 Mar 2008 13:15 GMT
>>>> $100 price-cut on 16GB iPhone on the horizon; 8GB iPhone to be
>>>> discontinued soon?
[quoted text clipped - 5 lines]
>
>If on track then why lower the price ? So they will be on track is why.

Because the bottom is dropping out of prices in Flash Memory, and
Apple wants to retain market share and is passing along the savings,
and clearing the decks for its 3G iPhone due out in June.

http://www.guardian.co.uk/technology/2008/mar/06/opensource.olpc
Anybody - 10 Mar 2008 20:50 GMT
> >>>> $100 price-cut on 16GB iPhone on the horizon; 8GB iPhone to be
> >>>> discontinued soon?
[quoted text clipped - 11 lines]
>
> http://www.guardian.co.uk/technology/2008/mar/06/opensource.olpc

Correction: For its 3G iPhone RUMOURED to be due our in June, or in
fact rumoured in some cases to be out "in the second quarter 2008".
Kurt - 10 Mar 2008 03:54 GMT
> >> $100 price-cut on 16GB iPhone on the horizon; 8GB iPhone to be
> >> discontinued soon?
[quoted text clipped - 3 lines]
> Nice try. Best selliong smart phone, on track
> to sell 10 million in 2008.

I have a 4GB, and don't need anything bigger. 90% of the iPhone users
out there today don't either.
Buy what you need. You seasoned computer folk should all know this.

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anon - 10 Mar 2008 14:58 GMT
> I have a 4GB, and don't need anything bigger. 90% of the iPhone users
> out there today don't either.

Agreed. I have an 8GB and it is plenty of room.

> Buy what you need. You seasoned computer folk should all know this.

We do know this. As this thread proves, there are two or three trolls
that like reading their own posts ;)
Anybody - 10 Mar 2008 20:57 GMT
> > I have a 4GB, and don't need anything bigger. 90% of the iPhone users
> > out there today don't either.
[quoted text clipped - 5 lines]
> We do know this. As this thread proves, there are two or three trolls
> that like reading their own posts ;)

As I said before, "need" is a totally different concept to "want". It's
the greedy "want" that basically drives technology these days. The Mac
magazine I get interviews people about their Apple equipment, and it's
ridiculous how people (especially the "students") have multiple iPods -
the latest twit brags about having five of them! More money than sense,
or at least more credit than sense. :-\
A Computer User - 10 Mar 2008 13:06 GMT
> > $100 price-cut on 16GB iPhone on the horizon; 8GB iPhone to be
> > discontinued soon?
>
> To summarize, they can't give them away...

Probably they want to lower inventory before they come out with the 3G
version rumored to be seen later this year...
Carl - 10 Mar 2008 16:58 GMT
>> $100 price-cut on 16GB iPhone on the horizon; 8GB iPhone to be
>> discontinued soon?
>
> To summarize, they can't give them away...

With all due respect, why is this news?  This happened almost immediately
upon the introduction of the iPhone, many months ago.

As for "they can't give them away", I think you're deluding yourself. This
is from a Sept 10, 2007 article:
http://www.marketwatch.com/news/story/apple-hits-iphone-sales-target/story.aspx?
guid=%7B4A58F9DF-D43E-4958-8862-FB38E4A676D2%7D
.
Is yours a troll post?  If so, I think I got caught.  ;-)
Larry - 10 Mar 2008 16:17 GMT
4phun <vic.healey@gmail.com> wrote in news:271cc160-7a36-47d8-852e-
ec5d38af9c22@13g2000hsb.googlegroups.com:

> $100 price-cut on 16GB iPhone on the horizon; 8GB iPhone to be
> discontinued soon?

The dumping continues, unabated.....
Ron - 10 Mar 2008 17:51 GMT
>4phun <vic.healey@gmail.com> wrote in news:271cc160-7a36-47d8-852e-
>ec5d38af9c22@13g2000hsb.googlegroups.com:
[quoted text clipped - 3 lines]
>
>The dumping continues, unabated.....

It's hardly dumping if they are making record profits.

Dumping is selling at a loss, like Toshiba is doing with the HD-DVD
players.
Anybody - 10 Mar 2008 20:54 GMT
> >4phun <vic.healey@gmail.com> wrote in news:271cc160-7a36-47d8-852e-
> >ec5d38af9c22@13g2000hsb.googlegroups.com:
[quoted text clipped - 8 lines]
> Dumping is selling at a loss, like Toshiba is doing with the HD-DVD
> players.

Almost every company on the planet lowers the price of the "old model"
just before or when the "new model" arrives. It's standard business
practice to get rid of old stock still on shelves.
Larry - 11 Mar 2008 04:44 GMT
> It's hardly dumping if they are making record profits.

"Record profits" make the stock price INCREASE, not drop....

Touche'

http://finance.yahoo.com/q/bc?s=AAPL&t=3m
I direct your attention to the EIGHTY DOLLAR DROP in the stock price
since only January 1, 2008 during the iPhone's wonderful sales "record
profits"

$80 represents a 40% DROP in the price of Apple stock since Jan 1, 2008.

"Record Profits" my a.s......something bad is happening.

http://finance.yahoo.com/q/it?s=AAPL
Now, I'd like to direct your attention to the forced reported stock
sales by the top Apple brass who know what's going on that YOU and Vic
don't.
Ignoring Al Gore's massive 600 shares for a moment before you start
laughing like I am, notice how FEW shares the other jokers at the top of
this dogpile actually own.

4-Jan-08    FORSTALL SCOTT J
Officer    12    Direct    Statement of Ownership    N/A
4-Jan-08    MANSFIELD ROBERT J
Officer    888    Direct    Statement of Ownership    N/A
4-Jan-08    IVE JONATHAN P
Officer    792    Direct    Statement of Ownership    N/A
4-Jan-08    JUNG ANDREA
Director    77    Direct    Statement of Ownership    N/A

If my company were making "RECORD PROFITS" and its outlook were just
wonderful, I'd take those $5 (Jobs' option price) to $20 option shares
and PILE THEM UP FOR GREAT PROFITS!  The list goes back to '06 and they
CONTINUE to dump shares, not buying any more AT ALL since Jan 2007!  
That's real faith in Apple's company health, isn't it?!  THEY DON'T OWN
THEIR OWN COMPANY STOCK!  Look who dumped it at the bottom of the list!

9-Mar-06    JOBS STEVEN P
Officer    4,573,553    Direct    Disposition (Non Open Market) at $64.66
- $64.66 per share.    $295,726,000

Why would anyone be so stupid as to dump 4.5M shares when the stock was
headed for $200/share??  He doesn't "need the money"!  Doesn't make any
sense.  Insiders dump stock when they THINK the company is going DOWN!

Most curious...most curious, indeed....  His deeds don't reflect the guy
in blue jeans and t-shirt hawking product on stage...

12-Feb-08    FADELL ANTHONY
Officer    25,000    Direct    Sale at $128.32 - $128.56 per share.
    $3,211,000
This guy must be one of the brighter bulbs in the box.....while it
continues to drop 2%/day.

Last Trade:    119.69
Trade Time:    4:00PM ET
Change:    Down 2.56 (2.09%)
Prev Close:    122.25

See the point?  What's wrong with Apple?  Something ain't right!
Ron - 11 Mar 2008 13:54 GMT
MEANWHILE I have seen zero URLs from legimate sources predicting an
eminate price drop.

>> It's hardly dumping if they are making record profits.
>
>"Record profits" make the stock price INCREASE, not drop....

It's hardly that simple.

Last quarterly profit reported was $1.58 Billion

>Touche'
>
[quoted text clipped - 54 lines]
>
>See the point?  What's wrong with Apple?  Something ain't right!

When did you become a mind reader to know why someone sold stock.
A minority of officers and directors sold stock, and certainly a small
portion of their holdings.

An expiring option?
A children's tuituion bills?
A new house to buy?
A margin call on other stocks?

are reasons to sell stock, that have zero to do with your fantasy
about Apple.

Then if you bother to read Apple's last quarterly report:

January 22, 2008—Apple® today announced financial results for its
fiscal 2008 first quarter ended December 29, 2007. The Company posted
revenue of $9.6 billion and net quarterly profit of $1.58 billion, or
$1.76 per diluted share. These results compare to revenue of $7.1
billion and net quarterly profit of $1 billion, or $1.14 per diluted
share, in the year-ago quarter. Gross margin was 34.7 percent, up from
31.2 percent in the year-ago quarter. International sales accounted
for 45 percent of the quarter’s revenue.

Certainly not a company in trouble. They did report a prediction of
rate of growth of sales slowing, and that adversely affected the stock
price, which had run ahead of reality.
Larry - 11 Mar 2008 23:51 GMT
> When did you become a mind reader to know why someone sold stock.
> A minority of officers and directors sold stock, and certainly a small
> portion of their holdings.

You need to look at the Insider Trading again.  Those shares reported to
EDGAR are the stocks held by the board of directors there at the top!  
Algore has 600 shares!

> An expiring option?
> A children's tuituion bills?
[quoted text clipped - 3 lines]
> are reasons to sell stock, that have zero to do with your fantasy
> about Apple.

NOONE sells their company stock when the stock is RISING and things are
ROSEY.

> Then if you bother to read Apple's last quarterly report:
>
[quoted text clipped - 6 lines]
> 31.2 percent in the year-ago quarter. International sales accounted
> for 45 percent of the quarter's revenue.

Then, my question stands!  WHY HAS THE STOCK PRICE DROPPED 40% SINCE
JANUARY 1, 2008?!  Stock prices RISE with wonderful news and record
profits!

> Certainly not a company in trouble. They did report a prediction of
> rate of growth of sales slowing, and that adversely affected the stock
> price, which had run ahead of reality.

So, a 40% drop in the stock price is no big deal, eh?  What planet would
that be on??

No amount of Apple spinning can make that real....
Ron - 12 Mar 2008 01:25 GMT
>> When did you become a mind reader to know why someone sold stock.
>> A minority of officers and directors sold stock, and certainly a small
[quoted text clipped - 14 lines]
>NOONE sells their company stock when the stock is RISING and things are
>ROSEY.

Happens all the time for reasons such as those listed.

Sorry you see a conspiracy everywhere.
 
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