On Sat, Jun 20, 2009 at 5:12 AM, David Ross<dr

davidrossconsultant.com> wrote:
> Paul Chernoff wrote:
>>
>> The $99 iPhone is actually more expensive than the $200 iPod Touch. In
>> the case of the iPhone you are making a down payment of $99 and then
>> making payments to AT&T for the length of your contract (actually
>> longer if you don't replace the iPhone after 2 years).
>>
>> This is why I bought an iPod Touch instead of an iPhone. I can't
>> afford the iPhone.
>
> What's sad is that there are supposedly smart folks out there who don't see
> this obvious point. I could start a rant about what we teach in schools
> (like basic finance) but that is off topic here (no much) and would quickly
> turn into a war. :(
The point is slightly misleading though, for the simple reason that
for most of us, we're going to be paying a monthly cell phone bill
whether or not it's for an iPhone, and more & more people are opting
for smartphones with data plans as well.
So from that point of view, the additional cost of an iPhone may be
partly or wholly a wash.
--
Chris Devers