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Apple's iPhone Price Cut: An Unfair Blow to Shareholders

[And he realized this just 2 months after the roduct release?]

This product and price was announced in Jan, 07 correct? So you are 9 months into it.

Ever heard of economics of Volumes...

Plus, when u go to a manufacturer asking for 1 million phones production cost the price is say X per unit, and next 5 million is 0.5 X.

On day 1, u don't even know if it will be a hit or miss, so u order just half a million and another half in 4 weeks probably even agreeing to pay 1.2 X.

And in their last qtr results they clearly said the product positioning is gonna take place, it is all planned I can tell you.

Wake up Prashant...