Don’t Hold Your Breath Waiting for an iPad Price Drop

Kevin C. Tofel:

Much of this “wait for the price drop” sentiment stems from the original iPhone 4 GB and 8GB models, which debuted in late June of 2007 for $499 and $599, respectively. By September of that same year, the 4 GB model was scrapped and the 8 GB unit dropped $200 to $399. The situation generated an early adapter uproar by many — myself included — and Apple tried to make good with $100 Apple Store credits for those who paid the higher prices.

The entire event tarnished Apple’s luster in the eyes of consumers and this isn’t a company that repeats mistakes often.

★ Tuesday, 9 March 2010