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. Click for more information, or
Home Enterprise I.T. Cloud Computing Applications Hardware More Topics...
UCS Invicta: Integrated Flash
Deploy flash memory technology to
deliver peak workload performance.

Find out more>>
Mobile Tech
Next Generation Data Center Is Here!
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:



Get Powerful App Acceleration with Cisco. In a world where time is money, you need to accelerate the speed at which data moves through your data center. Cisco UCS Invicta delivers powerful, easy-to-manage application acceleration for data-intensive workloads. So you can make decisions faster and outpace the competition. Learn More.


 Mobile Tech
1.   BBM Now Available on Windows Phone
2.   Virgin Mobile Offers Custom Plans
3.   Asana Revamps Mobile App
4.   Android 'Fake ID' Puts Millions at Risk
5.   FTC Wants Fix for Mobile Cramming


advertisement
Android 'Fake ID' Puts Millions at Risk
Users: stick to apps from Google Play.
Average Rating:
Dell, BlackBerry Downplay Threat
Say Apple-IBM alliance can't hurt them.
Average Rating:
BlackBerry Acquires Secusmart
German security firm offers street cred.
Average Rating:
Product Information and Resources for Technology You Can Use To Boost Your Business

Network Security Spotlight
New 'Backoff' Malware Slips Undetected into Retail Systems
'Malicious actors' are using a new variety of malware to access consumer payment data remotely through point-of-sale systems, according to a report from the Department of Homeland Security.
 
IBM Beefs Up Identity Intelligence Security Solutions
Big Blue is betting big on identity intelligence. IBM just acquired a private firm with security software to govern user access to apps and data across cloud and on-premise environments.
 
USB Security Flaw Lets Hackers Hijack PCs
Hackers can use the firmware that controls USB functions to take control of computers, say security experts. That means there may be a new class of attack for which there are no defenses.
 

Enterprise Hardware Spotlight
AMD's ARM-Based Opteron Out in $3K Dev Kit
It's dubbed "Seattle" and it's AMD's first 64-bit ARM-based Opteron processor. The low-power chip is being released as part of AMD’s Opteron A1100-series developer kit, and aimed at high-end data center needs.
 
Apple Updates MacBook Pros, Cuts Prices Up to $100
The popular MacBook Pro laptop line just got an update and a price cut of as much as $100. The MacBook Pro with Retina display now includes faster processors and double the memory.
 
Dell, BlackBerry Not Sweating Apple-IBM Alliance
IBM's recent move to partner with Apple to sell iPhones and iPads loaded with corporate applications has excited investors in both companies, but two rivals say they are unperturbed for now.
 

Mobile Technology Spotlight
BlackBerry Messenger Now Available on Windows Phone
BlackBerry's free Messenger chatting and voice app is out of beta and widely available for Windows Phone users, the company said. BBM offers secure messaging, Groups, Voice, Channels and more.
 
Virgin Mobile Offers Custom Smartphone Plans
As the wireless carrier wars continue heating up, Virgin Mobile just threw the customization coal onto the fire. The firm has debuted a no-annual-contract plan with rates based on individual use.
 
Collaboration Provider Asana Revamps Mobile App
Asana, a collaboration software provider started by a Facebook founder, is now out with a rebuilt native iOS mobile app. It replaces one that even the company admits was not up to par.
 

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 | CRM Systems | 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

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.