Geek & Mild by Sean Sperte

Jun 10th, 2008 Subtraction on Multiplication

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.


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