The iPhone started at $499 (over $700 today) and required a two year service contract with AT&T. That was a lot of money then too. You’re right that it’s the iterations that bring costs down and expand markets.
People doubting Apple sound a lot like Balmer and the head of Palm:
“We’ve learned and struggled for a few years here figuring out how to make a decent phone. PC guys are not going to just figure this out. They’re not going to just walk in.”
—Palm CEO Ed Colligan, November 16, 2006
LawsMan t1_iyyo8i5 wrote
Reply to comment by theo2112 in Kuo: Apple Headset Shipments Potentially Delayed (Again) Until Second Half of 2023 by BiscuitOfGinger
The iPhone started at $499 (over $700 today) and required a two year service contract with AT&T. That was a lot of money then too. You’re right that it’s the iterations that bring costs down and expand markets.
People doubting Apple sound a lot like Balmer and the head of Palm:
“We’ve learned and struggled for a few years here figuring out how to make a decent phone. PC guys are not going to just figure this out. They’re not going to just walk in.” —Palm CEO Ed Colligan, November 16, 2006