profiting from the iphone 3g upgrade
- buying an iphone 3g, 16gb white: -$300
- monthly plan: $0 (work paid)
- selling my original iphone on ebay: +$400
- paypal fees, shipping cost: -$20
net: +$80 in my pocket. w00t!
net: +$80 in my pocket. w00t!
THE IMPENDING IPHONE SUBPRIME CRISIS
Since there are no results on Google for this term, let me be the one to coin it.The iPhone Subprime Crisis is what will happen as a result of Apple lowering the point-of-entry price of a new iPhone while increasing the overall cost of ownership over the two year term of the contract (up to $2700!).
People who thought they couldn’t afford an iPhone when they cost $400 now (falsely) feel like they can afford one when it’s $200. After a few months of heavy bills, as the “cell contract foreclosures” begin, look out for a lot of used 3G’s coming to eBay.
[From Ricky Van Veen's GET EXCITED - The Impending iPhone Subprime Crisis]
with the right tool
can’t wait to see what id has planned for the iphone…
“We have a title we want to develop exclusively for iPhone,” he says. “I’m not announcing anything specifically, but it would be a graphical tour de force.”

a mac in my iphone, originally uploaded by richlin71.
A screenshot from my iPhone of VNC Lite running, connected to the Mac Mini at home.
it was another record quarter, the highlight being 2.5M macs sold. that’s 40%+ year-over-year growth in the core business of a 30-year old company. not bad.
in the quarter ended last september, apple had their first 2M mac quarter. now it’s only 3 quarters later, and up to 2.5M. the curve is accelerating.
surprisingly, ipod sales were up 12%. most had expected it to flatten out.
none of the iphone 3g revenue was included, as that all happened this quarter.
the most interesting tidbit, though, was the hint that there would be a “product transition” happening before the Sept quarter is up, and it’ll eat into margins a bit because it will have technological innovations “others can’t match.”
as usual, the stock has dropped a lot after hours because of the conservative guidance for next quarter. but that happens every quarter. apple always gives very conservative guidance, and then usually far surpasses them. i’d say it’s a good time to buy.
turns out the guy who runs macrumors.com is a doctor, and he just quit is day job to run the site full-time.
[From My Son, the Blogger - An M.D. Trades Medicine for Apple Rumors - NYTimes.com]

iPhone app: Tuner, originally uploaded by richlin71.
Just what I was looking for: a streaming radio tuner. Tunes into any mp3 or aac stream, and searches through the 24,000 stations on shoutcast.com. Works great, even over EDGE. Now I’ve got my breaks, NPR, BBC, and Howard Stern on my iPhone. Only $5.
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my inner nerd |
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