IPhone Futures Prove to Be a Bad Investment

News Type: Opinion — Seeded on Thu Jul 5, 2007 6:30 PM EDT

Article Source: The New York Times

business, apple, iphone, investment, citizen-journalism, corey-spring, newsviner

Across the nation, people looking to make a quick and easy profit bought one, two or as many phones as they could by recruiting friends to stand in line with them. Many of them were the first to get in line, camping overnight outside the stores. But now they are finding that the iPhone is much more like a Harry Potter book than a hard-to-find Wii video game machine: a great thing to be one of the first to own, but not high in resale value because supply is not constrained.

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Calvin Tang's Column, All of Newsvine
Groups: The Citizen Journalist
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8.1

{"commentId":841027,"authorDomain":"tang"}

Calvin Tang

Notice, our very own Corey Spring is referenced in this New York Times article.

{"commentId":841027,"threadId":"122003","contentId":"820470","authorDomain":"tang"}

5 votes

#1 - Thu Jul 5, 2007 6:32 PM EDT

{"commentId":841035,"authorDomain":"spring"}

Corey Spring

That guy owes me 20 bucks but I still love him.

{"commentId":841035,"threadId":"122003","contentId":"820470","authorDomain":"spring"}

5 votes

#1.1 - Thu Jul 5, 2007 6:35 PM EDT

{"commentId":841064,"authorDomain":"LAUHAL63"}

lauhal

Awesome! Way to go, Corey! You are everywhere these days! :)

{"commentId":841064,"threadId":"122003","contentId":"820470","authorDomain":"LAUHAL63"}

7 votes

#2 - Thu Jul 5, 2007 6:49 PM EDT

{"commentId":841079,"authorDomain":"brianford"}

Brian Ford

Yeah, I'm considering ending Survivor early and just giving Corey the victory.

{"commentId":841079,"threadId":"122003","contentId":"820470","authorDomain":"brianford"}

7 votes

#3 - Thu Jul 5, 2007 6:54 PM EDT

{"commentId":853958,"authorDomain":"Missy2"}

Kathleen54

Lol, it's hard to feel sorry for these guys, but it's good to know the entrepreneurial spirit is alive and well in the USA. Maybe the younger people came of age during the Tickle Me Elmo phase. Maybe iPhone makers needed Rosie O'Donnell to cuddle up with it on tv. Maybe it should have been designed to look like a cheese sandwich with the Blessed Virgin on it (eBay was full of hilarious imitations of that for 'sale').

Corey I will have to have a look at some of your columns. Kudos.

{"commentId":853958,"threadId":"122003","contentId":"820470","authorDomain":"Missy2"}

#4 - Tue Jul 10, 2007 2:47 PM EDT

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CALVIN TANG

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IPhone Futures Prove to Be a Bad Investment

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