Loading ...An uncommissioned report by online market research firm Compete Inc. shows that $500 for the iPhone may be too high of a price for some consumers. Should the price drop to sub $200-$299 price range, users would switch service provider to AT&T in a heart beat. Didn’t the Motorazr hit the streets with a starting price of $500; and didn’t Motorola sell some 6 million handsets in the first year? And doesn't the Motorola RAZR suck? Yes, yes and yes.
So how do the numbers break down? Of the 26 percent of respondents who said they’re likely to buy an iPhone, only 1 percent said they’d pay $500 for it. Note, $500 will get you the 4GB version while the 8GB will cost another $100.
Contrary to Verizon’s slogan “it’s the network,†60 percent of the participants are willing to switch to AT&T just to get the iPhone. So it’s not always the network, but the handset itself.
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Study: Consumers not willing to pay $500 for iPhone [InfoWorld]
{ 6 comments… read them below or add one }
Not everyone will pay for a good meal either. McDonalds thrives as a result.
There’s room for everyone. iPhone will do fine.
this might not be the right place to conduct this survey. i sought out this blog because i am going to get the iphone. does that make sense.
My iPhone strive to bring the latest news and rumors about the iPhone, hence making the site a perfect place for the survey. People arriving at my iphone sometimes don’t know very much about the handset and are seeking more info. As a result, it’s worth it to feel out our visitors.
Believe it or not, there are people still in the dark about the iPhone.
I think this site is populated, in part, by people who will buy the iPhone regardless of price because it is a tax deductible business expense for them. Not all, mind you, but enough to skew things.
Regarding the price, $500.00 is very steep for a non-3G locked phone on a suboptimal carrier. Yet many will pay it.
For me, I am still waiting for the details concerning included software features, various functionality issues and voice/data plan costs.
I am going for the HTC Athena. Apple sux!
not for me, 500 is a lot!
I would consider one unless the contract will reduce the phone price to less than 300
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