iPhone according to “Other Steve”. Wozniac!
Source: snapvoip.blogspot.com
The man who is often called the “other Steve” in reference to his more high-profile friend and Apple co-founder Steve Jobs, Wozniak said he “feels badly” about the early price cut because of all the people who had only recently shelled out $600 for the new iPhone. “My opinion about why they did it is that they have a large inventory and they are set up to build more than they have sold by a bit and they have to keep things moving,” said Wozniak. “It happened to every technology product with the price coming down – but you don’t expect it to be two months, you expect it to be at least a year.”
Wozniak was honoured on Friday with IBC’s 2007 International Honour for Excellence, for pioneering change and making technology accessible to all. The Award was presented by IBC Chairman, Michael Bunce.
Apple Inc. sold its millionth iPhone over the weekend, days after it slashed the price by a third to spur sales.The milestone was reached weeks earlier than expected and sent shares of Apple up $4.94, or 3.8 percent, to $136.71. The stock regained some of the ground it lost after the price cut spooked investors as a sign of weak demand and slimmer margins.
It took just 74 days for the combination cell phone-iPod to hit the 1 million mark, which Apple had said it would achieve by the end of September. By comparison, it took two years for the company to sell 1 million iPods, Apple CEO Steve Jobs noted in a statement. Last week, Apple knocked $200 off the price of the 8-gigabyte iPhone, bringing its price to $399, and discontinued the 4-gigabyte version. Apple spokeswoman Natalie Kerris declined to comment on whether the price cut helped spur sales.
The price cut may have helped a bit, but Apple clearly was on track already to exceed its own expectations, analysts say.
