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I have mixed feelings about this, but I'm amazed at the number of "whiners" out there. Looking through the Apple discussion forums, people somehow felt tricked, abused, devalued, etc.
American consumers seem to have this "entitlement" attitude. Somehow it's not their fault that they purchased something overpriced, but you know what, Apple is a business. They're not your friend, not your buddy and not your mother. They didn't put a gun to your head and force you to purchase the iPhone. You're supposed to be an adult and a careful consumer, and people should take responsibility for their own actions.
I wanted one also, but I didn't let an "impulse buy" or the RDF cloud my judgement. I carefully did my homework and decided I work very hard for my money, and the iPhone just did not justify the $600 price. It's called "Buyer Beware" and being a smart consumer.
Somehow, you can be assured, Apple will make up for this "handout". Probably in form of tacking on a few more dollars to other items. So people like me will end up paying more for items because a bunch of crybabies demanded a refund. It's not fair that i should have to pay for other's people desire to be "cool".
I'm not trying to be mean about it, or unsympathetic, after all I've done the same thing in the past and paid more for being an early adopter of technology, and I accepted from the beginning that the price would drop, and of course, it did drop. But you do know most cell phone companies GIVE away phones. Anyone willing to spend that kind of money for an iPhone, (unless they could truly justify NEEDING it, not wanting it, two different things), should have known they were paying too much to begin with.
I've heard arguments that Apple priced it too high to begin with. I agree they did, but people still lined up to buy it. No one forced them to. Companies do this all the time, but if people are willing to pay for it, how are they at fault? I'm definitely not pro-corporation, but in fact, just the opposite. I'm old enough to understand every company out there wants your money, that's why it's up to you to protect yourself. Companies are not looking after your welfare. Apple was extremely generous to give back what they did, and hopefully this won't set a precedent for every whiner out there when they have buyer's remorse.
Another argument I've heard is these people expect something because they "supported" Apple, or was a devoted early adopter. I'll bet if you asked all those people standing in line, if they were there to "support" Apple, or buy an iPhone because they were "cool". By far the largest response would've been "BECAUSE ITS SO COOL!!!". I can't imagine anyone saying they were there to support Apple and felt they needed to give them $600.00. Pretty lame...
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