Version: 2008

Comments on: Get-rich-quick iPhone schemes not paying off

We've already seen that waiting in line for an iPhone wasn't really necessary. As a result, the profit margins aren't too great.

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Thanks to my family?
by the Otter July 2, 2007 12:11 PM PDT
?I didn?t bother heading over to the Apple Store to buy allotted
two iPhones. I almost did, but I finally concluded that the payoff
wouldn?t be worth the time I?d rather spend with my wife and kids.
Guess that assumption paid off. ☺
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Now that the iPhone hype is over...
by mypalmike July 2, 2007 12:18 PM PDT
We can return to important news. How well is Paris Hilton recovering after her grueling jail sentence?
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What About The Online Apple Store???
by triumph12 July 2, 2007 12:21 PM PDT
I was amazed at all of the incredible "Buy It Now" prices on eBay
(up to $2,500), when you could very easily purchase directly
from Apple, and get FREE shipping!
Didn't anyone bother reading any of the blurbs from Apple, who
guaranteed quick shipping and who are very good at getting the
product to the customers? Generally, when I've had to replace a
power cord for my laptop, Apple will say, "two to three business
days," but the item has ALWAYS shown up the next day.
Apple knew for a fact that the first three days of availability
would be very important, and made sure that there was enough
product to go around, both by going to the stores, or by
ordering online.
I think that the "get rich quick" folks didn't really look at the big
picture.
As for anyone who's actually buying on eBay, for even one dollar
more than the list price, and paying shipping, I won't comment
on that....
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Agree, but one thing you've missed
by dotmike July 2, 2007 5:57 PM PDT
I agree with what you say, but there's also this:

A lot of the eBay sales seemed to be driven by international
buyers. The Apple Store won't ship the iPhone outside the US,
including Canada.

Now, whether those overseas buyers will ultimately be able to
use their AT&T locked device remains to be seen.

But there is a demand there that Apple is not profiting from,
until they announce overseas availability.
Launches
by monkphin July 2, 2007 12:32 PM PDT
This is how all launches should be. People who want to queue have
the option, howevre their is stock a plenty for at least a few days
for those of us who can't afford to take time out, it also stops the
artificial value increase due to scarcity and profiteering by a shrewd
few.
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thats what happens...
by zeeboid July 2, 2007 12:49 PM PDT
when a manufacturer does not have as high as a demand as other products...

http://www.smashsworld.com/2007/06/10-things-that-absolutely-suck-about.php
200k iPhone
by K1821voc July 2, 2007 12:59 PM PDT
http://cgi.ebay.com/Lucky-Apple-iPhone-8-GB-in-box-Worth-2-hundred-thousand_W0QQitemZ200124966047QQihZ010QQcategoryZ38331QQssPageNameZWDVWQQrdZ1QQcmdZViewItem

check out his math, and the comments that follow, He makes a very good point imo
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nice spin, but...
by skeptismo July 2, 2007 1:00 PM PDT
This one might change your figures a little...

http://cgi.ebay.com/Apple-iPhone-8GB-Brand-New-Free-
Shipping-8-
GB_W0QQitemZ130130495339QQihZ003QQcategoryZ64355QQcm
dZViewItem
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Riiiiiight. Then you missed this auction in your research.
by EvoIC July 2, 2007 1:18 PM PDT
$1225 for an 8GB PLUS shipping charges.

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&ih=010&sspagename=STRK%3AMEWA%3AIT&viewitem=&item=200124500210&rd=1&rd=1

: )
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Read Corey's chart
by Tom Krazit July 2, 2007 1:30 PM PDT
Sure, some people made out like bandits, but you had to get lucky. The vast majority of people were not that lucky, or the vast majority of buyers were not that stupid.
May have not missed it
by tytech July 2, 2007 1:53 PM PDT
His research describes the "average" and "median" price of iPhones which could have very well included the high priced reference you made. The auction you cite is obviously an exception if the average price is so much lower.
Take a Stats Class
by brodie657 July 2, 2007 9:21 PM PDT
It quite clearly states the median was only $30 something. Meaning the middle 50% of profit is only $30. The average is higher because of auctions like this that skew it upwards.

I suspect this auction was before people realized they could pay regular price for the phone.

Do yourself a favor apple fanboy - get off your butt and read up on stats.
View all 2 replies
Check out this genius from Texas
by glennharm July 2, 2007 2:02 PM PDT
http://www.myfoxdfw.com/myfox/pages/Home/Detail;jsessionid=66434CA6FE6500D6A04B9F946D779145?contentId=3641729&version=2&locale=EN-US&layoutCode=VSTY&pageId=1.1.1&sflg=1

Hilarious!
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Oh My
by shoffmueller July 2, 2007 5:39 PM PDT
Please tell me she isn't really from Texas
View reply
Good
by qwerty75 July 3, 2007 8:35 AM PDT
She got what she deserved.

What a jackass
As I posted before...
by spacydog July 2, 2007 2:38 PM PDT
An overpriced, over-glorified phone with crappy phone service. No wonder ebay prices for these are dropping faster than flies on a summer night.
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RE: As I posted before...
by protagonistic July 2, 2007 4:13 PM PDT
Well at least you got one out of three right. AT&T service is not
all that great.

And the reason the prices are dropping so fast on eBay has
nothing to do with any of the three. So a score of one point right
out of four is not a very stellar track record.

I was at an Apple store on Friday night. I did not buy one. I did
not wait in line. I got a chance to play with an iPhone. It looks to
be well designed and the interface is by far the easiest to use of
any cellphone I have tried. Despite what all the nay sayers think
the device will probably do quite well.

Having tried a number of cellphones over the last few years I
would have to say this is the best I have seen. I do not carry
tools around with me that require a 10 pound manual to figure
out. And that is not because I can't figure it out but because I
feel I should not have to spend time doing that.
lol
by qwerty75 July 3, 2007 8:35 AM PDT
Prices on Ebay are dropping because people can get the phone from Apple.

No significant Ebay demand = no inflated prices
Know what you are talking about before you post!
by buffer_overflow July 3, 2007 8:38 AM PDT
What an idiot tic comment, the service works fine for me and I had Verizon and metroPCS before this and Sprint in the late 90's and early 2000 which were really horrible.

The phone is better than anything you can afford, your just jealous. Yeah other so called smart phones are left in the dust, and the wake of incredible engineering.
I could not make money
by wireless consultant July 4, 2007 9:28 AM PDT
I am in the wireless business. I checked for months to see how I could jump on this iPhone band wagon.

I almost open an at&t store downtown Miami until I found out agents would not get the phone.
I had rummors of unlocked ones at $450 but that was a rummor.

What I did was add a link to my website http://www.wirelessconsultant.net that will take you to the Apple store to purchase the iPhone online.
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lol
by amousbad July 5, 2007 2:18 PM PDT
http://idateher.com/clblacklist.aspx
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