Oh, this is just genius. Khoi points out that if he’d bought about six shares of Apple stock last year in June – instead of the then-brand-new iPhone at $599 – and sold today at the current price, he’d have enough surplus to buy a new iPhone 3G and just about break even.
But I’m with John Gruber on this one. The iPhone 3G price ($199) is not an indication of lowered technology value, it’s subsidy. And it’s Apple vigorously going after market share.