Random Feed wrote an interesting post today on
Here’s a quick excerpt
David Chen, the head of a company which sells used consumer electronics, follows the sales of the Apple iPhone like an expert mathematician. At first the cost of the original Apple iPhone behaved as expected, but when the Apple iPhone 3G hit, demand for the original dropped drastically. Shortly after the launch of the Apple iPhone 3G, demand for the original iPhone again began to rise along with the price. Head of NextWorth.com, David Chen says: “We’ve been raising our prices over the past f
Read the rest of this great post here
Tags: 3g, Apple Iphone, Consumer Electronics, Excerpt, Fetch, Iphone, Launch, Mathematician, Nextworth, Premium Price, Random
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