Study Says 88% Would Buy An iPhone
As advanced as the iPhone is, price has been a limiting factor hindering its widespread release but a recent study by GMI shows that 88% of those surveyed would purchase an iPhone if the price dropped to $100.
Press Release Below
Seattle, Wash. - October 31st, 2007 - The latest GMI Poll, powered by global market intelligence provider GMI (Global Market Insite, Inc.), found that cost is the major factor keeping most people from buying an iPhone. At the $500 price point, only 8 percent of respondents said they were likely to buy the iPhone, but if the price were to drop to $100, 88 percent said they would be more likely to buy it.
The Apple-AT&T alliance is another factor keeping people from buying the iPhone. Seven percent of respondents said they would only buy an iPhone when their current service plan expired. A full 60 percent said Apple’s decision to use AT&T as the sole service provider is a black mark for the iPhone, and may keep them from buying the device.
GMI interviewed 2,356 consumers, representing a broad sample of the population. The interviews were conducted online using GMI’ survey application InstantSurvey.
“Overwhelmingly, people like the iPhone,” says Chris Seals, vice president of research at RDA Global, a telecommunications consultancy based in Houston, TX. “The two problems Apple needs to worry about are the expensive price tag, and the Apple-AT&T alliance. Apple brought down the price a little, but the lack of choice in service providers is still a big problem. In another surprise, consumers said web access and the ability to take digital photos were both more desirable features than playing Mp3s.”
The poll also revealed that 97 percent of respondents said the iPhone functioned well as an actual phone. Ninety-six percent said they liked the display. While nearly everyone liked the iPhone, 46 percent said there were other phone options that were equivalent or even superior to the iPhone.
You’ve got to be kidding me. People actually get PAID to do this “research”? Where can I get this gig? And the results are stunning, startling: “cost is the major factor keeping most people from buying an iPhone.” Heck, cost is the major factor in keeping people from buying a car, a house, a new jacket, a pair of shoes. Do we really need some marketing firm to tell us that if you lower the price on something, more people would consider buying it? Give me a break!