iPhone Price Chopped Already, 8GB $200 Cheaper

Hey, early adopters! You’ve been screwed! Again! Steve Jobs announced at his keynote speech today that the 8GB iPhone is getting a price chop and the 4GB is going away completely, according to our sister site Gizmodo.

Consumerist always advises that eager beavers take a moment to relax and think before running out to buy the next new thing.

As former Consumerist editor Joel Johnson once said: “Stop buying this crap. Just stop it. You don’t need it. Wait a year until the reviews come out and the other suckers too addicted to having the very latest and greatest buy it, put up a review, and have moved on to something else.”

So, the next time you feel the need to wait in line to get a pretty new gadget remember that you could have saved $200 bucks by waiting, uh, about 2 months, and 8 days. Give or take.


8GB iPhone Price Cut by $200, 4GB iPhone Gone
[Gizmodo]
(Photo:Gizmodo)

Comments

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  1. JKinNYC says:

    Anyone want to post a photo of Nelson Muntz?

  2. Buran says:

    There’ll ALWAYS be a price drop around the corner, if you just wait a little longer …

    I’m still planning to wait for 3G and IM, though.

  3. Canadian Impostor says:

    I bought a refurb 4gb iPhone for $399 a few weeks ago. Doh!

    At least I didn’t pay MORE than $399, and the iPhone is pretty slick. I guess on the bright side more people will buy iPhones now, and that should mean more support for it as well as more cool hacks.

  4. Skiffer says:

    <———Just uploaded a pic to my profile…”Your image will appear shortly”…Let’s see if this works…

  5. Canadian Impostor says:

    @Buran: IM works pretty well on Meebo already, and there’s an IM client that’s progressing nicely called Apollo if you need something more serious. Tabbed IMs are coming in the next release.

  6. Buran says:

    @Canadian Impostor: I know, but I’d rather not depend on some thirdparty website for IM. Some people don’t mind. I’m not comfortable with it.

  7. Canadian Impostor says:

    Fair enough, like I said Apollo IM works pretty well too.

    [gizmodo.com]

  8. CaptainConsumer says:

    I don’t want to hear ONE complaint from somebody who HAD to be the first, they HAD to wait in line, they HAD to show off.

    Well now you see what your greed in being the cool kid on the block has wrought you.

    I for one laugh at the early adopters of this product. Warnings were EVERYWHERE, especially from us long time Mac mavens. Wait we said, wait out the bugs and wait out the inevitable price drop when new iPods come out.

    Were you listening? Are you now?

  9. Trai_Dep says:

    Yup. The surcharge is for bragging rights and the ineffable thrill of flaunting the latest and greatest. Nothing new in that – to each their own.

  10. Antediluvian says:

    Yeah, although I thought it would be at least a year off. Oh well, that’s annoying as all hell.

    I’m very surprised they dropped it so much so quickly.

    I was always of the mindset that I knew “the next big thing at a lower price” would happen, so therefore I’ll enjoy what I have at the price I paid and be happy.

    No point being overly bitter about it.

  11. Canadian Impostor says:

    @Antediluvian: This is a much larger price drop much faster than most price drops happen. I was expecting $100 off in time for Christmas.

  12. not_seth_brundle says:

    I’d guess that most people who had $600 to spend on the iPhone are okay with the fact that, in hindsight, they paid $200 for a couple months’ advance use.

    It’s one thing to express a personal opinion that a certain gadget is overpriced, but lecturing strangers about how they spend their money is really unnecessary.

  13. maevro says:

    Best quote of the day by Steve Jobs…

    “Wi-Fi, as you know, is not only faster than 2.5G, but it’s faster than any 3G network”

    Haha, keep dreaming there Steve-O.

  14. LisaLives says:

    I was one of the early adopters, and I have no re

  15. skechada says:

    Woah there, Captain. I think you had a little too much drama in yr coffee this morning.

    It’s good to see a price drop getting the rest of us a step closer to a more reasonable (read: 30 gigs, $300) product. At this rate, I may actually be ready to pick up a phone some time next year.

  16. LisaLives says:

    Whoopsie. As I was saying, I snapped up an iphone when they first came out, and I’ve already gotten at least two hundred dollars worth of sheer fun out of it.

    I think the other gadget freaks out there know what I mean. I’ve endured two months of people asking me to show them my iphone, then lecturing me about being stupid for buying the first version.

    To each their own. I love having the latest gadgets, you love telling me I shouldn’t!

  17. JustAGuy2 says:

    @maevro:

    Um, it IS faster than any 3G network: 12 or 54Mbps vs. 5Mbps at the most for the next-gen WiMax.

  18. Mojosan says:

    How foolish I was to buy that flat screen TV. The price keeps dropping.

    How foolish I was to buy that DVD player. The price keeps dropping.

    How foolish I was to get a Razr Phone 4 years ago. The price keeps dropping.

    Ok, back to my IBM PC Jr. I’d get a new PC, but I’m afraid it will get cheaper in a few months.

  19. ChrisC1234 says:

    Message to all of the early-adopters of the iPhone: Sucks to be you!

    This is exactly why I NEVER rush out to buy something new right away.

  20. Geekybiker says:

    Still wouldnt buy one. slick interface coupled to a crippled phone. 2nd gen phone will probably be worth it though.

  21. autogeneric says:

    Having been a long time lurker here I finally feel compeled to add to this little discussion. As always, the best time to buy new tech is when you need it, there will always be something faster and shinier around the bend.

    I got an iphone exactly 18 days ago, apple has said they will refund price differences for anyone who purchased within 14 days (as per their usual price protection plan) Still miffed, and out 200 bucks, I called the Apple store where I purchased the phone, spoke to an excellent manager, explained how long I had been an apple customer and how many apple products I own, and was promptly issued a $200 credit, which I then used to buy my partner his own iphone… I know this isn’t everyone’s experience with apple, but they have always done right by me

  22. beyond says:

    They’ve also released a new iPod that has the same functions as the iPhone (and looks the same) without the phone for $300. A Wifi surfing iPod! I’ll definately be picking myself up one of those when the price drops below $100 for used ones on ebay.

  23. Crim Law Geek says:

    FYI, if you bought your iPhone form Apple in the last 15 (maybe 30?) days, you can apply to Apple to get a price-protection credit. If not, you could always return it and buy a new one for cheaper.

  24. AnnC says:

    @ChrisC1234: Avoid first generation products because there will be bugs, incompatibilities, and other general wonkiness. Don’t avoid it because the price will drop because the price always drops for these things. If you believe it’s worth the price then buy. In the few months or years you spend waiting for a price drop, you could actually be using it and enjoying it.

  25. rmz says:

    @JustAGuy2: Yeah, but it’s laughable to somehow imply that WiFi connectivity is comparable to a real 3G network. Unless you happen to travel exclusively in areas that have WiFi blankets, how exactly will the superior speed of WiFi help you?

  26. Antediluvian says:

    @beyond: I think it will be a while before the price drops to <$100 on ebay.

    Better suggestion: Make friends with an Apple early-adopter. Tell him or her that when it’s time to replace the item you want, you’ll offer a fair price for the used equipment. You’ll each have some certainty in the future: you’ll get a nice product, known owner, and at a fair price; your friend has a known-good buyer waiting for the used item, offsetting the cost of the new one. Win-win!

    Alternatively, you could become the Apple early-adopter and make friends with people who will buy your stuff one generation removed. :-)

  27. Antediluvian says:

    @ChrisC1234: Whatever. I’ve got a phone I absolutely love, was okay (not great, but okay) with paying the price I did, and will have used it for several months or more before the next version arrives. This was part of the math I do when deciding whether to buy something or wait:
    Will I enjoy it enough for the amount of time I use it before the new ones come out? Yes? Buy it now. No? Wait longer.

    Personally, I needed an new PDA and a new cell phone at the time the iPhone was released. I wavered, but was swayed upon using it. The hubby was the final factor: he really wanted one now, so we bought.

  28. Will Clarke says:

    I bought the iPhone the day it came out. I’d do it again. It’s a great phone and having it for two months is worth $200.

    The price drop is for THE SAME PHONE, not a new version. So your argument that waiting will get you a better product is moot in this case.

    Your advice is good if you can’t afford it or have to go into debt to buy it. But I’m not in debt, and can afford $600 for a badass phone. F**k off for trying to make me feel bad about my purchase.

  29. sleze69 says:

    HAAAAA hahahahahahahaha! As soon as I can figure out how to activate it with my current AT&T subscription, I think I might buy one. Or wait until the NEXT price drop.

    Suckers…

  30. FrankTheTank says:

    This is crap.
    Two MONTHS is a ridiculously short time for a 30% (THIRTY PERCENT) price drop.

    For a site who loves to pity those idiots who try to get frequent flier tickets with two weeks notice or knock companies for pricing 100 calorie snacks higher than the “economy size”, somehow THIS is the issue where it’s “Buyer Beware”?


    And let’s note, no one is complaining about the bugs or kinks on the machine, it’s specifically the price.
    Seriously, a 30% price drop within 2 months is unprecedented.


    (yes, I bought one…)

  31. Uriel says:

    I think the chinese have made a pirated iphone called a tphone, if anyone is interested.

    [www.yourfilehost.com]

  32. To all those that bought at $600.00 and are grousing:

    You thought it was worth $600.00 when you bought it, didn’t you?

    And what’s with all the snarky Apple-baiting on the Consumerist?

  33. Toast442 says:

    I don’t usually buy first gen electronics, but usually because of potential bugs. For the most part, price isn’t something early adopters can complain about – you almost always get screwed. This applies doubly to mobile phones. My RAZR dropped in price by $125 dollars 30 days after it’s release on T-Mobile’s network. It happens.

    And yes, I bought two 8GB models on release day. I was happy when I bought them and I’m still happy today.

  34. Antediluvian says:

    @CaliforniaCajun:
    I don’t see any comments here from someone who bought one and is grousing. The only grousing comments seem to be from people who DIDN’T buy one.

    The closest is probably my own comment that it’s annoying that they dropped the price so much so quickly. Historically Apple has never done a price drop that large that quickly, and I had factored that into my purchase decision.

    What would the posts look like if it was a year later that the first price drop happened? Would people by saying “ha ha” you should have waited a year?

    Hindsight is a beautiful thing.

  35. Whoa says:

    @CaliforniaCajun:

    My impression is that it is now becoming cool to hate Apple because of its ubiquitous iPod and increasing market share. The masses have taken away the high of liking something that few others did, and no self-respecting person in the know about such things can admit to liking a mass-consumed product. That or envy.

  36. uricmu says:

    I’ve been screwed out of my 200$, and from traffic on the apple fan boards, it pissed a lot of people off. Apple rarely ever does price drops, they just add more features. This reeks of desperation to hit the 1million mark by the end of September, but it will also cause a lot of people to avoid buying apple next time.

    The iPhone does have a significant benefit: being able to browse most pages from anywhere. Until other smartphones have that, they’re just not practical. It’s amazing how many times you need the web. For example, to look up a recipe at the grocery store or compare prices while at another store

  37. redMunky says:

    HAHAHAHAHAHA! i-suckers! I’ve had all these capabilities for over a year on my tytn, and wouldn’t trade it for anything.

    And while Microsoft isn’t exactly best friends with most consumers, the fact that Apple would so blatantly screw their customers out of hundreds of dollars is just sad. 30% in 2 months?!?!? For all your iphone owners, I hope the $600 shiny brick in your pocket was worth the 2 months of novelty. Because thanks to Apple, now you’re outdated.

  38. zingbot says:

    It isn’t like they exploded in their face or something. They still have a perfectly good phone, but paid a little more for it.

    Geez. People excited about something that enhances their lives is a good thing. Don’t be so hard on them.

  39. ddhj says:

    i’ve had my iphone for about a month.

    no regrets. i knew i was being a douche bag for buying a phone like that but i usually don’t end up buying a phone at subsidized price. my pearl was $300 when i got it. it’s now $50 after rebates and such. i didn’t regret that either. i look at the product and weighed the features i would use against the price. i thought it was worth it and i don’t mind. and admittedly, flashing that thing around town for the last month was worth it. hahah. i know. i’m a dork. actually i’m stoked for my little cousin who has been saving up at his retail gig to buy one.

  40. philipbarrett says:

    I’m loving all those profiteer iPhones on Craigslist & ebay! Thought you’d get $1K for that thing – wrong. Then maybe at leat cost + 10% – wrong. Now what you gonna get?

  41. Trai_Dep says:

    @autogeneric: I got an iphone exactly 18 days ago (14 days is their usual price protection plan). Miffed, and out 200 bucks, I called the Apple store … and was promptly issued a $200 credit, which I then used to buy my partner his own iphone

    I had the same experience buying a Nano. Bought one for a friend one three weeks before the slim, shiny model was announced. Showed up at the Apple Store with big, puppy-dog eyes. The rep smiled and said, “That doesn’t seem fair. But we don’t have the new models in stock…”

    Reflexively, experienced in dealing with normal retail people and consumer electronics companies, I was readying to marshall an argument to pummel them with Justice. Only to be interrupted by her saying,

    “How about if we refund your Nano right now, and when we get the new ones in, you can get the new one?”

    I’m imagining what Dell would do in that situation. Or the Zen people. Or Microsoft. Or Best Buy. A full refund, no muss, outside the window for a perfectly functioning device. With no strings. Simply trusting a customer. What a concept.

    Needless to say, I was back in a couple weeks (the black one shipped a bit later than the white one), happy.

    Some penny-pinchers say Apple is expensive (I’d argue they’re a great value – cheap when taking in the whole picture). Ours are some of those examples proving it.

  42. itmustbeken says:

    Today may go down as the day Apple jumped the shark.

    I’d be ticked if I bought an iPhone only to be told 60 days later it was $200 cheaper. As a long time Apple user, I’ll be waiting on any future purchases at least 90 days after release.

  43. mammalpants says:

    hey jules, look what i bought! it’s a CD player. it set me back like 700 bucks. no! it doesn’t play records! it plays CDs!

  44. Dancing Milkcarton says:

    @itmustbeken:

    Today may go down as the day Apple jumped the shark.

    Congrats – you’re the 10,000,000th person to think that in the last 15 years. Here’s a cookie for your sharp business acumen.

  45. Buran says:

    @rmz: He’s trying to get people to buy the slow EDGE-only phones. Apple goofed by not putting 3G in the phone from the beginning and wants people to forget.

  46. Buran says:

    @uricmu: Lots of phones can do it, but don’t do it well.

    I don’t think, though, that people got “ripped off”. Early adopters had the use of the phone for a few months already. That might be worth it to some.

  47. Buran says:

    @thirdgen: Good point. I bought something from them, the price went down a bit, and I phoned in and asked politely for the credit. It only took a few minutes and I got the credit posted to my credit card within a few days.

  48. Buran says:

    @Whoa: Either that or because there’s been Apple-bashing for years, and people do it because it seems cool and the “in” thing, or it’s a knee jerk.

    For instance, I hear frequently about how Macs cost more, when in fact frequently doing the math shows that Macs actually have a lower total cost of ownership once you factor in things like needing AV software on the PC. So once a few people don’t do the research and make assumptions and widely spread them around, others assume they must be true.

    This hurts Apple as much as any actual problem they may have with products.

  49. Tortfeasor28 says:

    I called AMEX and tried to file under their Platinum Price Guarantee. Little did I know that this program ended in October 2006. They went ahead and issued me a $200 courtesy credit anyways, which made me a very happy camper.

  50. Dorgon says:

    My coworker bought one of these 20 days ago. He went down to the Apple Store, and they said there is nothing that could be done. Since I read the Unscrewed book this last weekend, and I read the Consumerist, I knew SOMETHING could be done. I told him to call Apple, and told him what to say, and they are sending him an Apple Bluetooth Headset and a case for the phone. Be polite, explain how much you love buying Apple products, and ask for something reasonable.

  51. itmustbeken says:

    @bitfactory: Check the dosage on your Asshole pills, you may have taken too much.

  52. uricmu says:

    One interesting point about the 4GB model is that it’s the Apple product with the shortest lifecycle ever: 2 months from introduction to demise. We actually bought the 4GB model because we didn’t need that much music space and another 4GB weren’t worth the 100$ diff.

  53. XianZhuXuande says:

    How anyone could put a negative spin on this is beyond me.
    Early adopters got a product they wanted for a price they were willing to pay – satisfaction surveys show that clearly enough. I’m one of the happy early adopters myself. Now everyone else can get one for much cheaper. Good for them!

  54. AddisonMavenue says:

    I’m still waiting until after the battery recall to buy mine.

  55. YokoOno says:

    Hahhaaa.

  56. iphonetroubles says:

    Dear friggen LORD. I love everything about Apple, but they keep effing me hard.

  57. LieberFrau says:

    I’m going to be the voice of dissent. My brother-in-law is a major gadget-phile who jumps at every chance to buy the latest and greatest in technological achievements. Years ago, he bought a brick-like first gen iPod with clunky buttons instead of the touch interface. I was too cheap to fork over the cash, and in 2003 received a cheaper, sleeker, lighter second gen one for a graduation present. Mine’s battery died almost immediately, rendering it an attractively molded piece of plastic that was entirely useless. His first gen is still running with virtually zero problems.

    I think in most cases your suggestions are quite valid. But I also think sometimes, they don’t make ‘em like they used ‘ta.

  58. The level level of vitriol directed against fellow Consumerists om this thread seems to be higher than normal… It seems as if the “have nots” are rubbing the price decrease in the face of the “haves.”

    Here’s my story: I bought a $599 iPhone. I did not wait in line for it–I ordered it online through the Apple Store and received it about a week later. I have not experienced any significant “first-gen bugs.” It’s locked up a time or two and the browser crashes with some regularity–this is no different from any other modern mobile phone I’ve used. I’m aware of the various limitations including data network speed, but I am happy with the quality, performance, and, yes, value of the iPhone.

  59. Padriac says:

    Yeah, waiting is always smart… until you realize it’s a never ending cycle where you wait forever. Right now it’s just a countdown to the 2nd gen iPhone and everyday you delay buyng the 1st gen is one more day you wasted. Of course you can be smart and wait until the 2nd gen, but then *you missed out on having a great phone for the entire time the 1st gen was out while you waited*. And, of course, the 3rd gen will then be coming. Why not wait for that? etc.

    Just buy what you want when you want it. (Wait long enough for some reviews to come in and to verify the things aren’t faulty by design, of course)

  60. MystiMel says:

    All I can say is “ahahahaha” to the people who bought one for $600 … I guess if you’re rich then you probably don’t care, but I can think of quite a few things I’d rather spend $200 on than 2 months of iPhone. Then again, I don’t care enough about my phone. If they ever offer the iPhone free with a plan then I’ll get it…. but that’s pretty much it. :P picture sending, internet, texting, and those sorts of things are all things my laptop does very well so I rarely use my phone for them.

  61. b612markt says:

    Oh come on – everyone who buys shiny toys like this knows that prices plummet, capacities and capabilities improve. The longer you wait, the better the device and the price. Early adopters aren’t “screwed” at all.

    Why couldn’t the post be about how incredible it is that ipod capacities continue to increase while relative prices decrease?

    The iPod Nano I bought three weeks ago for $250 has just been totally discontinued TODAY for a model that’s $50 cheaper, sexier, plays video and is the “latest thing.” I don’t feel “screwed” at all!

  62. dantsea says:

    The have-nots here are just slightly more amusing than the ones on other sites today. So far, they’re the only ones who seem to be shrieking about the price cut. I guess it’s a big deal, if $200 seems like major money to you. /shrug

  63. A120 says:

    This is why I love The Consumerist.

    Thanks to TORTFEASOR28’s post, I called American Express and pleaded my case. They initially told me that the Platinum Price Guarantee was no longer offered, but after a bit of finessing, I got a supervisor to issue me a $200 credit. (To anyone wanting to try this, I think the kicker was informing them that “a friend” in the same situation was just offered a credit.)

    And this is why I only use American Express.

  64. acambras says:

    Doesn’t just about every electronic thing cost more when it first comes out? My favorite part of “The Wedding Singer” is when Drew Barrymore’s boyfriend comes home boasting about his new toy, which is “called a compact disc player” and costs about $900.

  65. Wormfather says:

    I know how everyone feels, when the last Harry Potter book came out I, I, I’m not gonna get any sympathy here.

  66. Wormfather says:

    @segfault: Actually, the have nots have become the haves…of at least an extra $200.

    And that…is a joke!