dropping price - iPhone

[rayww]

iPhone announed the new iPhone price as $399, before that was selling for $599.
Why Apple implement this price drop strategy?

[magarmuch]

simple because apple knows there are a lot of suckers in this world. i am going to wait for iphone to go into its 3rd generation before i even contemplate on getting one for myself.

[Stumikaz]

Yes, the price must be drop, because there will be some new phones like gPhone will be appeared

[blake]

I have read this news on Google News but I was not expecting that. If has been happened then I am expecting more low price in a few months so it is worth while to wait a few months.

[bradd]

This an era of competition .I think apple has taken a good step to compete other companies. This is a business tact.In this way they will get more and more business and more profit.

[tom007]

That is always the case. The price will always drop regardless.  I am actually waiting for the price to drop more so that I can buy one  :

[sexmachine]

I think 399 is a pretty sweet spot at the moment. Its not too expensive and its not in the cheap range. the iphone is a quality product and i think that the most it will go down is reach 349.