To: Neil H who wrote (78784 ) 6/24/2010 6:11:34 PM From: ChinuSFO Respond to of 149317 And people are unemployed and do not have the money to but things like the iPhone!!! They need unemployment benefits!!! I just don't understand. I presume it is the 80% of those employed who are doing all the buying of the iPhone. So what does those 10% unemployed matter to the Republicans. They might as well block the unemployment extension bill and tell those 80% who are employed: "see we are making sure that the taxes you are paying are not handed over to the unemployed." ====================================Apple iPhone Mania Is Actually A Profound Phenomenon Posted Jun 24, 2010 02:56pm EDT by Henry Blodget The economy is still weak. Consumers are still strapped. Unemployment is still 10%. The global recovery is still sputtering. And the consumer-electronics business is still a brutally competitive, commodity, low-margin business in which manufacturers compete mostly on price. And yet... This morning, as ever, the launch of Apple's iPhone 4 produced lines worldwide that in many cases stretched literally around the block. The iPhone 4's features have been described ad nauseum, and at this point, they aren't the big story here. The big story is the special magic that allows Apple to pull off this amazing product-launch feat again and again and again. Think about it: The iPhone 4 is not a cheap impulse purchase. It's a $200-$400 investment. It's not a product that is going to be any worse tomorrow (or next week, or next month). It's not a product that is so radically better than everything else on the market that consumers would be crazy to buy something else (some buyers do claim to prefer Motorola's "Droid" line of Android phones, and others still swear by their BlackBerries). And people the world over are still lining up to buy it. Are Apple's products really that good? Or is there some special spell that Steve Jobs and Apple cast over everyone to make them believe that they're better than they are? Some of both? Many companies try to engender this sort of loyalty and excitement in their customers. The fact that so few succeed is a testament to how difficult it is. Whatever the cause, Apple has once again found a way to sell the 'must-have-it-at-any-cost' item. And the world is going crazy for it.finance.yahoo.com ,^ixic,mot,msft,goog&sec=topStories&pos=9&asset=&ccode=