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...
Apple/Mac
DDoS Protection Powered By Verisign
Average Rating:
Rate this article:  
Why Gold iPhones Are Worth Thousands

Why Gold iPhones Are Worth Thousands
By Jennifer LeClaire

Share
Share on Facebook Share on Twitter Share on Linkedin Share on Google Plus

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:



Salesforce.com is the market and technology leader in Software-as-a-Service. Its award-winning CRM solution helps 82,400 customers worldwide manage and share business information over the Internet. Experience CRM success. Click here for a FREE 30-day trial.


 Apple/Mac
1.   Apple Stock Soars Ahead of IPhone 6
2.   Popular Mailbox App Comes to Mac
3.   Apple Opens China iCloud Data Center
4.   Android Crushing Smartphone Rivals
5.   Apple Bans Toxic Factory Chemicals


advertisement
New App To Manage Time Better
Helping to organize your busy life.
Average Rating:
Apple Stock Soars Ahead of IPhone 6
New products generating lots of buzz.
Average Rating:
Popular Mailbox App Comes to Mac
Takes to-do list approach to the inbox.
Average Rating:
Product Information and Resources for Technology You Can Use To Boost Your Business

Network Security Spotlight
Cost of Target Data Breach: $148 Million
The now infamous Target data breach is still costing the company -- and its shareholders -- plenty. In fact, the retailing giant forecast the December 2013 incident cost shareholders $148 million.
 
Aruba Networks Handles Black Hat with Aplomb
It's not an easy job. Aruba Networks' task throughout the Black Hat USA conference in Las Vegas this month was to ensure thousands of attendees could connect without malicious attacks.
 
Chinese Hackers Nab Info on Millions of U.S. Patients
A group of Chinese hackers has stolen the personal information, including names and Social Security numbers, of about 4.5 million patients at hospitals operated by Community Health Systems.
 

Enterprise Hardware Spotlight
Three New Lenovo PCs Aimed at Business Users
Businesses everywhere want computing solutions that do more for less money, and Lenovo has unveiled three new desktop PCs that offer solid computing at a budget-minded price.
 
Aruba Networks Handles Black Hat with Aplomb
It's not an easy job. Aruba Networks' task throughout the Black Hat USA conference in Las Vegas this month was to ensure thousands of attendees could connect without malicious attacks.
 
Compression, Deduplication Come to Violin Concerto 2200
Violin Memory has announced that data deduplication and compression capabilities are now available on its Concerto 2200 solution. Typically, users will experience deduplication rates between 6:1 and 10:1.
 

Mobile Technology Spotlight
Apple Stock Soars Ahead of iPhone 6 Launch
The imminent release of the iPhone 6 -- and maybe even an iWatch -- has sent Apple's stock soaring to new heights. Considering what else the firm could have up its sleeve -- the stratosphere may be the limit.
 
HTC Debuts Windows Phone Version of One M8 Smartphone
HTC is bringing the Windows Phone mobile OS to its flagship One M8 device -- the first time any mainstream flagship smartphone has been offered with a choice of operating systems.
 
Verizon Earns Top Rating in Mobile Network Comparison
A new report says Verizon Wireless was the top-performing U.S. cellphone service provider in the first half of 2014, on a nationwide and state-by-state basis, as well as in metro areas.
 

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.