Newsletters
News & Information for Technology Purchasers NewsFactor Sites:       NewsFactor.com     Enterprise Security Today     CRM Daily     Business Report     Sci-Tech Today  
   
This ad will display for the next 20 seconds. Please click for more information, or scroll down to pass the ad, or Close Ad.
Home Enterprise I.T. Cloud Computing Applications Hardware More Topics...
Build Apps 5x Faster
For Half the Cost
Enterprise Cloud Computing

On Force.com
Mobile Tech
24/7/365 Network Uptime
Average Rating:
Rate this article:  
Why Gold iPhones Are Worth Thousands
Why Gold iPhones Are Worth Thousands

By Jennifer LeClaire
September 25, 2013 10:43AM

    Bookmark and Share
One analyst predicted Apple's gold iPhone 5s would be a hot seller even before the launch date. That's because many consumers who like the "bling" are apparently craving an iPhone that matches their other accessories. But will the gold iPhone 5s impact Apple's bottom line or just make a pile of money for the people selling them on eBay?
 

Related Topics

iPhone
Apple
Video
eBay
Wireless



For years, the Apple iPhone came in black only. When the white iPhone came out, it was all the rage. But the gold iPhone 5s is breaking the mold.

Based on the demand, and the prices at which the device are selling on eBay, you'd think the gold iPhone was 14-karat coated. With gold iPhones backordered -- Apple's Web site indicates they aren't shipping until October no matter what storage configuration or what wireless carrier you choose -- one buyer was willing to shell out $10,000 to get his hands one.

"Sold," reads the eBay listing for an "Apple iPhone 5S 16GB Gold Factory Unlocked Brand New VERY HARD TO FIND." The auction generated 51 bids and ended at $10,100 plus $46.70 for one-day shipping. The item sold with a 14-day money back guarantee, just in case the deep-pocketed winner has buyer's remorse.

Apple's Colorful Experiment

But it's not too late to get your hands on a gold iPhone 5S before Apple supply catches up with the demand. Several other eBay auctions are ongoing as of the time of this writing -- some with free shipping.

Twenty bidders have run the price of one auction up to $510. Another auction has seen 19 bidders raise the price to $610. Others have 48 bids that are up to $760 and 15 bids up to $810. Bids for a 64GB model are up to $3,300. The only thing special about these iPhones are the color.

Roger Entner, a wireless analyst at Recon analytics, predicted the gold iPhones would be a hot seller even before the launch date. Many consumers who like the "bling" are apparently craving a phone that matches their other accessories. But will the gold iPhone really impact Apple's bottom line or just make put a pile of money in the pockets of a few eBayers? Will it make a difference in revenues?

Apple sells the gold devices for the same price as iPhones in any other color: for $199 for the 16GB model and $299 for 32GB model and $399 for the 64GB model. But the company may be wishing it had charged a premium for the gold devices. Other than the white iPhone, this is the first real colorful experiment for Apple, which also pushed out the iPhone 5c in blue, green, pink, yellow and white. None of them has seen the market response of the gold model.

Still Wanted: Larger Screen

"Selling a lot of phones looks good on reports and I think Apple can gain market share in the next two quarters, but then the next Android phone will come out with substantial new capabilities to it," Entner told us. "Ultimately, Apple has to think about whether or not, in such rapidly innovating environment, they can maintain changing the form factor only once every two years."

As Entner and many others see it, Apple is lacking in screen size compared to other popular devices. Many hoped Apple would offer iPhones with larger screens a la Samsung in the most recent refresh, but instead the tech giant focused on the value market.

"The Apple screen size was a little bit small the last time around and now they are definitely too small," Entner said. "Larger screens are more suitable for video consumption. By now 60 percent of the mobile traffic is video. People are definitely watching video on these devices. The larger the screen and more vibrant the screen the better."
 

Tell Us What You Think
Comment:

Name:



APC has an established a reputation for solid products that virtually pay for themselves upon installation. Who has time to spend worrying about system downtime? APC makes it easy for you to focus on business growth instead of business downtime with reliable data center systems and IT solutions. Learn more here.


 Mobile Tech
1.   Android Gets Chrome Remote Desktop
2.   Amazon 3D Smartphone Pics Leaked
3.   Zebra Buys Motorola Enterprise Biz
4.   CTIA Caves, Offers Kill Switch Plan
5.   Report: Amazon Phone To Feature 3D


advertisement
BlackBerry Drops T-Mobile After Spat
Moving on to other carriers after snub.
Average Rating:
Zebra Buys Motorola Enterprise Biz
Pays $3.45B in all-cash deal.
Average Rating:
CTIA Caves, Offers Kill Switch Plan
But leaves control up to users.
Average Rating:
Product Information and Resources for Technology You Can Use To Boost Your Business

Network Security Spotlight
Canadian Teen Arrested for Heartbleed Hack
One week after the OpenSSL Heartbleed vulnerability was unveiled, Canadian authorities have made the first arrest -- a London, Ontario teenager -- connected to exploiting the security hole.
 
IBM Offers Security, Disaster Recovery as SoftLayer Service
New disaster recovery and security services for SoftLayer clients are being added by IBM. Big Blue said the new capabilities will speed cloud adoption by alleviating concern over business continuity.
 
How To Beat the Heartbleed Bug
Heartbleed headlines continue as IT admins scramble for answers no one has. Early reports of stolen personal data, including 900 social insurance numbers in Canada, are starting to trickle in.
 

Enterprise Hardware Spotlight
Vaio Fit 11A Battery Danger Forces Recall by Sony
Using a Sony Vaio Fit 11A laptop? It's time to send it back to Sony. In fact, Sony is encouraging people to stop using the laptop after several reports of its Panasonic battery overheating.
 
Continued Drop in Global PC Shipments Slows
Worldwide shipments of PCs fell during the first three months of the year, but the global slump in PC demand may be easing, with a considerable slowdown from last year's drops.
 
Google Glass Finds a Home in Medical Education, Practice
Google Glass may find its first markets in verticals in which hands-free access to data is a boon. Medicine is among the most prominent of those, as seen in a number of Glass experiments under way.
 

Mobile Technology Spotlight
Google Releases Chrome Remote Desktop App for Android
You're out on a sales call, and use your Android mobile device to grab a file you have back at the office on your desktop. That's a bit easier now with Google's Chrome Remote Desktop app for Android.
 
Amazon 3D Smartphone Pics Leaked
E-commerce giant Amazon is reportedly set to launch a smartphone after years of development. Photos of the phone, which may feature a unique 3D interface, were leaked by tech pub BGR.
 
Zebra Tech Buys Motorola Enterprise for $3.45B
Weeks after Lenovo bought Motorola Mobility’s assets from Google for $2.91 billion, Zebra Technologies is throwing down $3.45 billion for Motorola’s Enterprise business in an all-cash deal.
 

Navigation
NewsFactor Network
Home/Top News | Enterprise I.T. | Cloud Computing | Applications | Hardware | Mobile Tech | Big Data | Communications
World Wide Web | Network Security | Data Storage | Small Business | Microsoft/Windows | Apple/Mac | Linux/Open Source | Personal Tech
Press Releases
NewsFactor Network Enterprise I.T. Sites
NewsFactor Technology News | Enterprise Security Today | CRM Daily

NewsFactor Business and Innovation Sites
Sci-Tech Today | NewsFactor Business Report

NewsFactor Services
FreeNewsFeed | Free Newsletters | XML/RSS Feed

About NewsFactor Network | How To Contact Us | Article Reprints | Careers @ NewsFactor | Services for PR Pros | Top Tech Wire | How To Advertise

Privacy Policy | Terms of Service
© Copyright 2000-2014 NewsFactor Network. All rights reserved. Article rating technology by Blogowogo. Member of Accuserve Ad Network.