Geekzone: technology news, blogs, forums
Guest
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.




1850 posts

Uber Geek
+1 received by user: 440

Trusted
Subscriber

Topic # 245343 30-Jan-2019 11:00
Send private message quote this post

This was an interesting note:

 

"Following its earnings report, Tim Cook today announced that Apple will be lowering iPhone prices in some markets outside of the United States, to bring prices more in line to what they were before recent currency fluctuations hit (via Reuters). 

 

 

Cook says Apple is rethinking how it prices iPhones. It will no longer track the US dollar price exactly and instead set iPhone prices in local currency for each market.

 

 

He says the regions where iPhone sales were the weakest in their latest results were areas where currency fluctuations hit hardest. The company will be adjusting prices in some areas to bring them closer to what they were ago, in local currency prices."

 

Original link

 

 

 

Obviously this is a veiled signal to the Chinese and Indian markets where they kit really hits the mark for overpriced, but it's an interesting development. Multi-currency pricing is _really_ complicated, and when the exchanges are jumping around like frogs in a sock, a slow adjustment strategy can be painful - for revenue, and for the customers.

 

The takeaway for NZ will be one of little movement if it all, well signaled and telegraphed before any change. The carriers provide the bulk of phones to this country, and the retailers (JBHifi etc) provide a significant quantity of other products direct to retail. You don't want to piss off your channels, and since they rely so much on indirect...

 

It would be nice to see a return to 2013 pricing... when a macbook pro was $1799 and not $2399... but that's just wistfulness...





________

 

Antonios K

 

Click to see full size


Create new topic
2044 posts

Uber Geek
+1 received by user: 454

Subscriber

  Reply # 2170101 30-Jan-2019 11:51
One person supports this post
Send private message quote this post

I was discussing this with a friend today - I remember Apple being more expensive than everyone else, but still in the realms of doable...top-of-the-line iPhone: $1700 as an example. Now it's closer to $2800 (yes, I know it's not quite horses-for-courses, but you get what I mean). 

 

 

 

There's a premium that people pay now, which simply can't be sustainable - but Apple seem to have jumped on the wrong reason as to why they are seeing slower growth in their sales outside of the US...it's not going to be currency fluctuations at all - it's the extreme pricing that's seeing people hang onto their gear longer and contemplate moving to a different platform. 





Handsome Dan Has Spoken.

3682 posts

Uber Geek
+1 received by user: 1092


  Reply # 2170103 30-Jan-2019 11:55
Send private message quote this post

Apple are well aware that if they create arbitrage opportunities there will be grey marketers waiting with bated breath.....

 

I suspect this is code for we will be launching more country specific models, that while having lower price points, will be lacking features to deter them cannibalising their "high end" markets.... 


 
 
 
 


4828 posts

Uber Geek
+1 received by user: 2314

Trusted
Subscriber

  Reply # 2170106 30-Jan-2019 12:07
Send private message quote this post

wellygary:

Apple are well aware that if they create arbitrage opportunities there will be grey marketers waiting with bated breath.....


I suspect this is code for we will be launching more country specific models, that while having lower price points, will be lacking features to deter them cannibalising their "high end" markets.... 



But deliberately hobbling their phones with “country-specific” features isn’t exactly going to deter grey marketers. At least not unless the hobbling comes with a *significant* price drop. But on the flip side, such hobbled devices would fracture the experience and create a lot of support issues which is currently a major advantage of Apple.

I guess it’s happening anyway to some extent with multiple models of iPod, iPhone and iPad with different hardware and different sizes all still on the market. I still keep using my iPhone SE because I don’t want a bigger phone, but on the other hand I have the second-largest iPad model.




iPad Pro 11" + iPhone XS + 2degrees 4tw!

 

These comments are my own and do not represent the opinions of 2degrees.


185 posts

Master Geek
+1 received by user: 39


  Reply # 2170115 30-Jan-2019 12:21
Send private message quote this post

One of the main effects of over priced products is people will start to look for alternatives that they previously would not have considered. Once you consider the alternatives you ask yourself why you didn't do it earlier and never look back.

 

This has happened to people I know, various people have moved from ios to cheaper alternatives such as Hauwei and Xiaomi and are still very happy. Yes there are certain things they said they missed but they couldn't justify the extra few hundred for them.

 

I think Apple severely misjudged how much people are willing to pay. I would expect to see a real price drop in most of their markets in the next 6-12 months. 


457 posts

Ultimate Geek
+1 received by user: 255


  Reply # 2170124 30-Jan-2019 12:31
Send private message quote this post

For those who are out of the loop on iPhone pricing, I was too and was astounded to see this:

 

iPhone 6 - $499 release: 2014

 

iPhone 6S - $549 Release: 2015

 

iPhone 8 - $1099 Release: 2018

 

iPhone XR - $1379 Release 2018

 

So if you don't want 4 year old hardware, you need to fork out over a grand for a base model??

 

And for comparison Samsung S9 is $899..


4250 posts

Uber Geek
+1 received by user: 825

Trusted
Subscriber

  Reply # 2170128 30-Jan-2019 12:36
Send private message quote this post

Nate001:

 

One of the main effects of over priced products is people will start to look for alternatives that they previously would not have considered. Once you consider the alternatives you ask yourself why you didn't do it earlier and never look back.

 

This is exactly my situation. For people with IT skills it's probably quite easy to move between platforms, but I don't have the capability to easily migrate my media, home automation, apps, documents, calendar, etc. I am unlikely to ever switch but, if I ever do, I won't be going back for at least ten years.

 

I think Apple severely misjudged how much people are willing to pay. I would expect to see a real price drop in most of their markets in the next 6-12 months. 

 

I agree. Premium watch makers can charge thousands of dollars for their product because it's top quality precision engineered equipment. Apple and their followers would like to believe that iPhones are similar but in reality they are just an unreliable mass produced product that is slapped together by exploited Chinese workers. People won't pay a massive premium for that no matter how well you dress it up.


3504 posts

Uber Geek
+1 received by user: 542


  Reply # 2170133 30-Jan-2019 12:46
One person supports this post
Send private message quote this post

Come on MacBook Pro prices... I'm holding my breath for a sharp drop!

 

 

 

 

 

#yeahnotgonnahappen


117 posts

Master Geek
+1 received by user: 20

Subscriber

  Reply # 2170247 30-Jan-2019 14:58
One person supports this post
Send private message quote this post

I agree that they have misjudged prices and what consumers may be willing to pay. When looking for a new phone a few months ago I was seriously considering getting an iPhone until the new models came out and they were ridiculously expensive. Opted instead for a <$1000 phone.


2626 posts

Uber Geek
+1 received by user: 1249

Trusted
Subscriber

  Reply # 2170346 30-Jan-2019 19:15
3 people support this post
Send private message quote this post

They misjudged consumers pricing tolerance with their excessive greed (it's not like Apple really needed to increase pricing for revenue shortfall reasons).

 

Now, how do they extract themselves from their self-made hole without fessing up they stuffed up? Initial salvo, blame currency fluctuation. Next? 


14665 posts

Uber Geek
+1 received by user: 1969


  Reply # 2170350 30-Jan-2019 19:22
Send private message quote this post

How well are the new models selling in NZ? I mainly see people with older models. I personally wouldn't spend that much on a new phone, so I usually buy them a few generations old. The problem IMO with any of them is that the batteries don't last the life of the phone. My current iphone is about 7 months old, and the battery is at 89% capacity in the battery health section, and has already experience an unexpected shutdown due to the battery not being able to deliver peak power. So it enabled performance management, which apparently slows it down unless disabled.  So it looks like it may  need a repair within it's first year to get it replaced. When spending this sort of money I think they need to work on battery life, or at least make them cheap to replace the batteries.


6473 posts

Uber Geek
+1 received by user: 1212

Trusted
Lifetime subscriber

  Reply # 2170358 30-Jan-2019 19:29
4 people support this post
Send private message quote this post

I can't speak for actual sales figures, but every year I always pore over the specs and decide whether it's a worthwhile upgrade. But both this year and last year I took one look at the price and didn't bother investigating further. I know I'm not the only one!


Create new topic


Donate via Givealittle


Twitter »

Follow us to receive Twitter updates when new discussions are posted in our forums:



Follow us to receive Twitter updates when news items and blogs are posted in our frontpage:



Follow us to receive Twitter updates when tech item prices are listed in our price comparison site:





News »

Amazon introduces new Kindle with adjustable front light
Posted 21-Mar-2019 20:14


A call from the companies providing internet access for the great majority of New Zealanders, to the companies with the greatest influence over social media content
Posted 19-Mar-2019 15:21


Two e-scooter companies selected for Wellington trial
Posted 15-Mar-2019 17:33


GeForce GTX 1660 available now
Posted 15-Mar-2019 08:47


Artificial Intelligence to double the rate of innovation in New Zealand by 2021
Posted 13-Mar-2019 14:47


LG demonstrates smart home concepts at LG InnoFest
Posted 13-Mar-2019 14:45


New Zealanders buying more expensive smartphones
Posted 11-Mar-2019 09:52


2degrees Offers Amazon Prime Video to Broadband Customers
Posted 8-Mar-2019 14:10


D-Link ANZ launches D-Fend AC2600 Wi-Fi Router Protected by McAfee
Posted 7-Mar-2019 11:09


Slingshot commissions celebrities to design new modems
Posted 5-Mar-2019 08:58


Symantec Annual Threat Report reveals more ambitious, destructive and stealthy attacks
Posted 28-Feb-2019 10:14


FUJIFILM launches high performing X-T30
Posted 28-Feb-2019 09:40


Netflix is killing content piracy says research
Posted 28-Feb-2019 09:33


Trend Micro finds shifting threats require kiwis to rethink security priorities
Posted 28-Feb-2019 09:27


Mainfreight uses Spark IoT Asset Tracking service
Posted 28-Feb-2019 09:25



Geekzone Live »

Try automatic live updates from Geekzone directly in your browser, without refreshing the page, with Geekzone Live now.


Support Geekzone »

Our community of supporters help make Geekzone possible. Click the button below to join them.

Support Geezone on PressPatron



Are you subscribed to our RSS feed? You can download the latest headlines and summaries from our stories directly to your computer or smartphone by using a feed reader.

Alternatively, you can receive a daily email with Geekzone updates.