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by DetroitThrow
874 days ago
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>The only people I can see buying the device are rich people looking for another toy, not as a serious competitor to other entertainment tech. I'm surprised at how consistently people think that a technology that is so expensive and serving such a niche will end up having adoption asides from a few wealthy enthusiasts. iPhone 2 suggested retail price was $300 (~$425 in todays dollars) and provided "smart" replacement for your cell phone matching its features 1-to-1 while also providing more than what was available. If someone imagines themselves buying this to watch movies "on the go" or at hotels or something, they're part of an extremely exclusive club. |
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This was back when most phones were still carrier subsidized and required long term service contracts. Per Apple's press release, the $299 pricing required "a new two year contract with AT&T". Unsubsidized price was about double.
https://www.apple.com/newsroom/2008/06/09Apple-Introduces-th...