When it comes to technology, late movers often seem to do better..

Businesses always make more profits when they get early mover advantage in the market for new technologies and ideas. Individual/ end users many a times get benefited when they adopt a technology in later stages of its development. Because by then, most, if not all, lacunae would have been filled by the manufacturers.  I sincerely hope that the reader of this post is getting, what I am pointing at…Yes…U guessed it right…I am talking about Apple’s new 3G iPhone…

In India especially, there is a huge market for second hand phones and Chinese duplicate versions. When iPhone was launched first time by Apple, it became an instant hit everywhere around the world. But since it was on costlier side (Approx. Rs.30000+ in Indian currency), it could be afforded only by either business class people or people in high positions in companies. Surprisingly, it didn’t take even months or weeks but just a few days when iPhone came into market with no guarantees or warranties what so ever. These were imports from United States where iPhone was released first. Many people lost huge sums of money in buying these models just in hope that these may work just as good as the original one. There were hacking programs available in market which claimed to break the iPhone lock and make it work on the usual GSM carriers (similar story occurred in China).

And now…here you go…Apple has launched an all new upgraded version of iPhone and that too at less than half the old price (Approx. Rs.8000 – Rs.12500) in two storage versions i.e. 8GB and 16GB capacities. It has come out with more storage, better features and more affordable rates for everybody. Its 3G iPhone…and more

With fast 3G wireless technology, GPS mapping, support for enterprise features like Microsoft Exchange, and the new App Store, iPhone 3G puts even more features at your fingertips.And like the original iPhone, it combines three products in one — a revolutionary phone, a widescreen iPod, and a breakthrough Internet device with rich HTML email and a desktop-class web browser. It redefines what a mobile phone can do — again.

All these features are making the old iPhone users fume as they spent more to get less and now even if they want to resell their models, they will not be able to get even Rs.5000 for the same as the new upgraded 3G iPhone version with 8GB capacity will be just Rs.8000 approx. so why will anybody buy an old one for almost the same price…This justifies the title of this post…

VS