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Steve Wozniak blasts iPhone price drop and refund policy decision

Apple cofounder Steve Wozniak Saturday blasted his old buddy Steve Jobs’ decision to drop the price of the iPhone by $200 only 68 days after the big launch and even took his old friend to task for how refunds have been handled for the popular device.

“Nobody expects a product to drop that much in price in such a short time,” said Wozniak, the driving force behind the original Apple I and II computers. “Steve Jobs and everyone expects technology to drop in price. The first adopters always pay a premium. I am one of them. I am used to that. But that one was too soon, too harsh.”

Wozniak, or Woz, as he is known by geeks and admirers made the comments in a question and answer session with reporters following an address before 600 solution providers at the ConnectWise Partner Summit in Tampa, Fla.

Jobs, Apple’s CEO, sparked a firestorm of protest when he lowered the price of the iPhone on September 5 by $200 from $599 to $399 only 68 days after the launch of the eagerly awaited device that Apple fans waited in long lines and snapped up by as soon as it hit the market. The pricing decision upset a lot of early iPhone purchasers.

Full Article

Steve Wozniak, Steve Jobs, Apple, iPhone, Price drop, iPhone price drop

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