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Americans are not (that) stupid, dumbPhone sales low
24.07.2007
Apple iPhone - the dumbest phone launched in 2007 sold for $500-600 does not offer basic functionality $19.95 phone users are used to.
According to Dow Jones Newswires only 146,000 new iPhone subscribers signed up in the first two days of its launch - wildly successful for any other consumer- electronic product but a disappointment when compared with Wall Street's sky- high expectations. The figure, as well as speculation over a slowdown in demand has Apple - trading near its all-time high - taking a major hit in its share price.
The iPhone seemed poised to disappoint, given the ramping sales expectations for the much ballyhooed device, which in some circles earned the moniker "God Machine." After the first weekend, Goldman Sachs projected sales of 700,000 phones over the first three days.
There are many iPhone users returning it back to AT&T / Apple. According to them, if you value your sense of self, returning the iPhone is far more satisfying than using it.
More info on iPhone: dumb and dumber?