Comments on: The Early Adopters Tax http://cashmoneylife.com/the-early-adopters-tax/ Money Management, Small Business, Career Thu, 09 Feb 2012 19:08:34 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Soan http://cashmoneylife.com/the-early-adopters-tax/#comment-33024 Soan Wed, 08 Jun 2011 08:50:59 +0000 http://cashmoneylife.com/?p=1905#comment-33024 It is a known fact that people who buy things at launch are the ones who suffer from the 'early adoption tax'. This term is really impressive. Everybody knows it but people follow their heart instead of mind in these kind of purchases. I like the idea and I never thought about it myself too. In fact, i also bought my first car when it was just launched in the market and i got no discounts what so ever. But after six months, that same car had free music system with each purchase. It is a known fact that people who buy things at launch are the ones who suffer from the ‘early adoption tax’. This term is really impressive.
Everybody knows it but people follow their heart instead of mind in these kind of purchases.

I like the idea and I never thought about it myself too. In fact, i also bought my first car when it was just launched in the market and i got no discounts what so ever. But after six months, that same car had free music system with each purchase.

]]> By: Jesse http://cashmoneylife.com/the-early-adopters-tax/#comment-20109 Jesse Mon, 19 Oct 2009 23:07:57 +0000 http://cashmoneylife.com/?p=1905#comment-20109 I'm part of the anti-apple revolution so I am half dissappointed in you and half happy to hear you didn't jump on the iPhone bandwagon :) I used to repair iPods and they were just built very poorly to warrant the cost. You are on the Sprint network and they just got their first android phone, the Hero. I got the phone as a replacement for my work phone so they pay the costs but I can tell you this phone is amazing and 100x better than the iPhone. Here is my reasoning. Apple locks down everything so basically you are limited to what they want you to have, the apps they approve, etc. The android OS is open source, meaning anyone can modify it, make apps for it, etc. Most of the apps for the Android Market are free, there are 10,000+ right now and more coming every day. Anything I have thought I wanted from the app market, they have had an app for it so far. The Hero has everything the iPhone has and more, and it's on your network. You may want to check it out :) it's amazing. I will be doing a review of PF related apps soon.. I’m part of the anti-apple revolution so I am half dissappointed in you and half happy to hear you didn’t jump on the iPhone bandwagon :) I used to repair iPods and they were just built very poorly to warrant the cost.

You are on the Sprint network and they just got their first android phone, the Hero. I got the phone as a replacement for my work phone so they pay the costs but I can tell you this phone is amazing and 100x better than the iPhone.

Here is my reasoning. Apple locks down everything so basically you are limited to what they want you to have, the apps they approve, etc.

The android OS is open source, meaning anyone can modify it, make apps for it, etc. Most of the apps for the Android Market are free, there are 10,000+ right now and more coming every day. Anything I have thought I wanted from the app market, they have had an app for it so far.

The Hero has everything the iPhone has and more, and it’s on your network. You may want to check it out :) it’s amazing. I will be doing a review of PF related apps soon..

]]> By: Ryan http://cashmoneylife.com/the-early-adopters-tax/#comment-20093 Ryan Sun, 18 Oct 2009 01:14:47 +0000 http://cashmoneylife.com/?p=1905#comment-20093 Greg, it's the monthly fee that keeps me away too. I actually thought about buying an unlocked iPhone to use on the Sprint network so I can continue to use my plan, but then the price skyrockets. I'm happy with my current phone and plan, and the iPod Touch is awesome. I'm happy with it as well. As for the Touch vs. the Shuffle, there is a huge difference. If all you want to do is listen to a little music, then the Shuffle is fine. But the Touch supports music, videos, pictures, games, internet from a wi-fi spot, and more. So it depends on your needs, desires, and budget. Greg, it’s the monthly fee that keeps me away too. I actually thought about buying an unlocked iPhone to use on the Sprint network so I can continue to use my plan, but then the price skyrockets. I’m happy with my current phone and plan, and the iPod Touch is awesome. I’m happy with it as well. As for the Touch vs. the Shuffle, there is a huge difference. If all you want to do is listen to a little music, then the Shuffle is fine. But the Touch supports music, videos, pictures, games, internet from a wi-fi spot, and more. So it depends on your needs, desires, and budget.

]]> By: fredct http://cashmoneylife.com/the-early-adopters-tax/#comment-20092 fredct Sat, 17 Oct 2009 22:22:33 +0000 http://cashmoneylife.com/?p=1905#comment-20092 Greg, I'm not sure about twice as many, but certainly there would be more. There's a decent chance I would be one of them. But let's think about what you said... if they half the fees and their subscribers double, then their revenue in the same (0.5 * 2 = 1). But now they're supplying twice as many phones (they take a loss on every one), serving twice as many customers, having their network used for around twice as many phone calls and twice as much data, etc. That doesn't sound like a good business plan to me. And it's pretty much in line for all the cell companies - they all charge $25-$30/month for unlimited data for smart phones (blackberries, iphones, etc). There's probably a reason for it. Greg, I’m not sure about twice as many, but certainly there would be more. There’s a decent chance I would be one of them.

But let’s think about what you said… if they half the fees and their subscribers double, then their revenue in the same (0.5 * 2 = 1). But now they’re supplying twice as many phones (they take a loss on every one), serving twice as many customers, having their network used for around twice as many phone calls and twice as much data, etc. That doesn’t sound like a good business plan to me.

And it’s pretty much in line for all the cell companies – they all charge $25-$30/month for unlimited data for smart phones (blackberries, iphones, etc). There’s probably a reason for it.

]]> By: Greg http://cashmoneylife.com/the-early-adopters-tax/#comment-20087 Greg Sat, 17 Oct 2009 07:15:41 +0000 http://cashmoneylife.com/?p=1905#comment-20087 I've been noticing a trend lately. Most of the people that I know with an iPhone are people that complain about not having enough money, too many bills or living from paycheck to paycheck. hmmmmm My cheapie phone phone works just as well, my $49 shuffle holds fewer songs at a time but I can only listen to one at a time anyway. No doubt the iphone is cool but the monthly fee keeps a lot of people away. I believe if they could cut the monthly fees in half they would sell 4 times as many. I’ve been noticing a trend lately. Most of the people that I know with an iPhone are people that complain about not having enough money, too many bills or living from paycheck to paycheck.

hmmmmm

My cheapie phone phone works just as well, my $49 shuffle holds fewer songs at a time but I can only listen to one at a time anyway.

No doubt the iphone is cool but the monthly fee keeps a lot of people away. I believe if they could cut the monthly fees in half they would sell 4 times as many.

]]> By: Ryan http://cashmoneylife.com/the-early-adopters-tax/#comment-20084 Ryan Fri, 16 Oct 2009 14:09:57 +0000 http://cashmoneylife.com/?p=1905#comment-20084 The SERO plan is awesome: $35 for unlimited data, texts, Sprint to Sprint, night and weekend, and 450 anytime minutes. I don't think I will ever be able to beat that price. That said, it is no longer available, and Sprint has become much more strict when upgrading to a new phone with the plan. The plan is the Sprint Employee Referral Offer, and last year there was a generic sign up code for it. But now you have to have an employee referral to take advantage of the offer or to even upgrade your phone at a discounted price. I've heard a lot of people were declined an upgrade because they didn't have an actual employee referral. My contract is up in January, so I will need to see what I can do about my plan, phone, etc. As long as I can keep the plan, I am willing to pay full price for a new phone because I will save more over the life of the service. Otherwise, I may just look for a new phone carrier altogehter... maybe an iPhone? The SERO plan is awesome: $35 for unlimited data, texts, Sprint to Sprint, night and weekend, and 450 anytime minutes. I don’t think I will ever be able to beat that price. That said, it is no longer available, and Sprint has become much more strict when upgrading to a new phone with the plan. The plan is the Sprint Employee Referral Offer, and last year there was a generic sign up code for it. But now you have to have an employee referral to take advantage of the offer or to even upgrade your phone at a discounted price. I’ve heard a lot of people were declined an upgrade because they didn’t have an actual employee referral. My contract is up in January, so I will need to see what I can do about my plan, phone, etc. As long as I can keep the plan, I am willing to pay full price for a new phone because I will save more over the life of the service. Otherwise, I may just look for a new phone carrier altogehter… maybe an iPhone?

]]> By: No Debt Plan http://cashmoneylife.com/the-early-adopters-tax/#comment-20083 No Debt Plan Fri, 16 Oct 2009 13:50:22 +0000 http://cashmoneylife.com/?p=1905#comment-20083 Man that SERO plan sounds so awesome. Almost wish we had jumped on it... but Sprint's coverage is dead last in our area. We're on a secret loyalty plan with Verizon. Not a bad deal... low price + best network = win. Man that SERO plan sounds so awesome. Almost wish we had jumped on it… but Sprint’s coverage is dead last in our area. We’re on a secret loyalty plan with Verizon. Not a bad deal… low price + best network = win.

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