Study: Consumers Balking at iPhone's Price
Consumers aren’t willing to pay what Apple may ask for the iPhone, but if the price drops they’ll switch their mobile service to AT&T in order to get it, according to results of a survey.
Among the 26% of respondents who said they’re likely to buy an iPhone, only 1% said they'd pay $500 for it. When Apple introduced the iPhone in January, it said it would cost $500 on the low end. 42% of those who said they’re likely to buy the phone said they’d pay $200 to $299.
(Shawn's Comment: I think a lot of folks, right now, if asked in a survey, would say they wouldn't pay the price. But when it becomes available, a lot of those same people will have a strong enough "gadget lust" to open their wallets a *lot* wider than they would like to)