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The iPhone as a money saver?

Posted October 30, 2008 9:50 AM by Chris Seibold
Categories: Apple AT&T Hacks 

imageYou know those iPhone types: Eating sushi, drinking high grade port, lighting fine cigars with hundred dollar bills in their billiards room during a game of snooker, maybe they even have a monocle. Wait, that is completely over the top, the only person who actually behaves like that is Hadley Stern. The more accurate stereotype is a geek with disposable cash. But stereotypes never capture the full picture and the iPhone is gaining popularity with those who want to save money!

Can that be right? According to this Wired article it turns out that lower income groups are the fastest growing iPhone market segment. The idea is that while the iPhone seems expensive it isn’t if you use the iPhone to replace your internet service, landline and TV. To get the most out of it you’ll have to jailbreak the thing but, as these folks are pointing out, the future is clear: someday you’ll only pay for one data stream and trust it to deliver all you digitizable wants.

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