Those lyrics bring up a couple things I don't quite understand...
What do you people (this is addressed to iFanatics, not necessarily Mr. McKenzie) who buy gadgets (e.g. iPhones, iPods, etc.) think you're buying? You pay, say, $600 bucks and get a fancy cell phone/PDA/camera/MP3 player. Great. Does the fact that they lower the price a week later mean that fancy gadget is any less functional? Not really. You agree to pay $600 and Apple agrees to give you an iPhone. End of transaction. Anything after that has no bearing on your transaction.
There are (at least) two ways companies price goods and services. Cost-based pricing is based on how much it costs to produce the product, regardless of what the potential customer is willing to pay. Value-based pricing is based on the value the customer perceives the product to have. If you're willing to pay $600, that's what they'll charge. Once all the people willing to pay $600 have done so, the perceived value of an iPhone to the remaining potential customers is no longer $600 -- now it's $500. So that's what they lower the price to.
Same thing with having a new version come out. If a new version of the gadget comes out the week after you buy yours, yours is no less functional than when you bought it. You bought a single hunk of hardware (and maybe a cell phone contract, and maybe some sort of tech support plan). You did NOT buy any sort of guarantee at all that you would have a reserved seat in the Bleeding Edge Technology Users Group. The advertising from Apple stated that the version of the iPhone you bought was "the best thing ever". If you didn't mentally tack "up to this point" on the end, it's your own darn fault for being so freakin' naive. Nowhere did any of their advertising promise that the version of iPhone you bought would be the best for any given amount of time, did it?
Besides... did you REALLY think that Apple would never come out with a new version, lower the price on your model or discontinue support for it? What time frames for those events were promised by the advertising?
Caveat freakin' emptor. [ January 21, 2008: Message edited by: Ryan McGuire ]
I really don't understand that attitude. Personally I love that Apple innovates so quickly, and just because something new comes out, it doesn't change the fact that my "now obsolete" doodad still works perfectly for the purpose for which I bought it.
My desktop is a PowerMac G4 mirror-door model that is many generations old. And it still works just fine. It doesn't matter that a number of generations of G5's and of Intel Mac Pros have come out since. This "obsolete" machine is still working like a trooper.
(That said, I will probably be replacing this venerable old friend with a new Mac Pro sometime this year -- but not because it's not working for me, but I'll need the tax write off!)
Back in 1993 I bought a lunchbox style, "portable" PC. It weighed about 15 pounds, it had a 386 with a whopping 8 megs of RAM (that really was whopping in '93). It had a 200 meg hard drive, and dual floppy drives, a 3 1/2" "snappy" (did you guys call them snappys?), and a 5 1/4" floppy. It had a b/w low-res 640x480 lcd screen. It cost me almost $3000...man, now I'm feeling kind of ripped off
p.s. I used it to run OS/2 - cool!
Spot false dilemmas now, ask me how!
(If you're not on the edge, you're taking up too much room.)
please buy my thing and then I'll have more money: