You can now save $100 on an iPhone by snapping up a refurbished
one on the company’s website. So far iPhone sales have fallen well
short of expectations, and there are two possible explanations for
the refurbished models. It’s possible that they were returned by
speculators who were hoping to resell them on eBay but were
disappointed when Apple had enough stock.
That may be part of it, but it seems likely that a lot of people
are just unimpressed with the expensive new phone.
Um, how about that they’ve sold several hundred thousand of them, and even a small percentage of defective units replaced under warranty results in a sizable number of refurb units for sale. You know, just like with iPods and Macs.