iPod nano launched
Its amazing how fast things change ... Apple launched iPod nano today which is iPod mini + colour screen + photo storage + even smaller and slimmer + same price.
These guys have even removed the link to iPod mini from the website. I don't feel that proud anymore.
Subscribe
Guess what? I bought the iPod and they merged the iPod and iPod photo product lines :(. Kind of makes u feel cheated especially when the price remains the same. It has a very simple economic explanation, by introducing a basic model first you induce the early adopters to buy a product. When you have exhausted the set of early adopters, you either reduce the price or add more features to attract other customers.
ReplyDeleteI fully agree ... this also puts that age old paradox back in mind that if one wants to buy a electronic gadget or a computer, delay as much as possible as these things get better and cheaper with time ... the catch 22 is that this way one would never own a gadget.
ReplyDelete