September 07, 2007

Welcome to Price Discrimination, B'tches

Unlike Tyler Cowen, I didn't get mad that Apple iPhone early adopters were kvetching about having paid $200 more than more recent purchasers will pay.

I was going to be floored that Apple bribed the kvetchers with $100, except that it's $100 in store credit: that is, $100 in Apple swag rather than complete liquid/fungible $100. So good job Apple after all.

But the original complaint itself is a mind-boggling amount of chutzpah: They wanted the bleeding edge of technology (and the status that comes with it), so they paid for the privilege.

Posted by Matt Bruce at September 7, 2007 02:48 PM
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