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Tough love on iPhone price cut
Posted at 9:36 AM on September 6, 2007 by Jon Gordon
Apple slashed the price of its iPhone by a third just a couple of months after its introduction. Some early adopters are miffed. I like Dwight Silverman's take:
I don't have much sympathy for those who just couldn't wait to get their hands on the iPhone just so they could be one of the cool kids, only to be stung by The Object of Your Desire's $200 price drop. I have a name for them: iChumps. For these folks, hype breeds irrational desire based on impulse, and those with poor impulse control pay the price. In this case, the price is $200. Think of it as your Cool Tax, gang, and an expensive lesson learned.
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