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September 09, 2005
iPod nano price too low?!
Posted by Sandy
Chosun reports that some Korean electronics companies are grumbling about Apple's flash memory deal with Samsung.
The domestic MP3 player industry is sulking, saying the iPod nano owes its exceptionally low price to Samsung Electronics...
But Samsung Electronics executive Joo Woo-sik defends the company. "I cant tell you the discount rate, but it stands to reason that we expand the range of discount rates for a big buyer like Apple," he said. "Samsung didnt mean to do any harm to domestic MP3 manufacturers."
But they are unhappy. Reincom spokesman Kim Dong-hwan said, "We can hardly declare a price war with Apple. Well counter Apples challenge by releasing new concept products."
So, to recap:
- Apple competitors say its products cost
too little
- They plan to compete with originality and innovation.
Ah, irony.
Comments (3)
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1. Jim on September 9, 2005 02:16 PM writes...
Creative - now there's an oxymoron for a company...... unless it refers to the excuses its CEO makes for why its marketshare is so low. :)
Permalink to Comment2. Zaxxon on September 10, 2005 04:54 AM writes...
Your recap was very funny :)
Permalink to Comment3. BW on September 19, 2005 10:01 AM writes...
Wow yes, that is hilarious.
I hadn't even bothered to look for a price on it, but now that I'm checking Apple.ca, that is an amazing price...
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