Jul
15
iPhone Economy
July 15, 2008 | Comments Off
It turns out that the iPhone is sold out in 21 states. To me, it could only mean one thing: consumers feel that their ability to pay for the extra communications expenses is still very good. Where is the gloom and doom everyone is telling about?
Unfortunately, the iPhone is not sold out on Massachusetts yet. That means two things: 1) I still run the risk of temptation to go and buy one and 2) maybe the Massachusetts economy is worse than the one of those 21 states.
In reality this issue just underscores how Americans like to live beyond their means: on credit. The same thing that caused this economic mess on which we find ourselves right now. However, some people say that American Consumerism is what supports the economy, so maybe this iPhone sold out is not a bad thing after all.
I still have not bought mine… but after testing a colleague’s unit, I may want to get one at the end of this month. It is one of those few devices that has made me crave for it: and I am not a fan of the latest technological gizmo. I do not even have a flat screen TV.
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