re: Report: iPhone Sales Fail Triggered “Fire Drill” at Apple

ETA totally missed this bump

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Yep. People see the 1k price tag on some of these phones and decide to keep what they've got for awhile longer.

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I think this is partly true. The other part is the phones are just better than they were even a few years ago. That said, very few people are paying $900 at one time. The carriers are effectively subsidizing the phone by providing interest free loans on the phone (which also has the effect of tying most people to the carrier until paid off). They also frequently run 2 for 1 and other similar promotions. With all of this, I think the quality of the phones, and the minor nature of most upgrades, is the biggest factor.