Jobs pulls an Oprah -- $12M in iPhones for all Apple employees
By Thomas Ricker 
posted Jun 28th 2007 3:44PM
posted Jun 28th 2007 3:44PM
posted Jun 28th 2007 3:44PM
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Nice. Who is really paying for the Iphone. Us unlucky fools who have to shell out $600.
they give these things away for free, and my own company (AT&T) refuses to give us our flipping employee discounts on the rate plan IF we get an iPhone?!?! I so wish I worked for Steve Jobs instead of Randall Stephenson.
never spend much time answering blogs, but, had to give an opinion about truaztlan's comment......
what an idiot.
I would like to point out that the original article says "Part time employees who have been there over a year", but the Engadget blurb says "Temps". There is a difference, might want to clarify that
@ truaztlan
Apple makes pretty much a few hundred million over time in profits. I doubt a measly $12 million in iphones will affect the company in anyway, especially since 20,000 iphones is quite small compared to the hundres of thousands they plan to sell tomorrow on the first day. Im sure with this move the morale of the company is definitely high to which the employees will have no arguments with staying overnight selling those phones tomorrow. If only my firm was that gracious :-/ .....
not to mention that each iphone probably only cost around 300-400 to make.
If I remember correctly from a site I read, the total cost of the iphone - materials, labor, shipping, etc - is ~$240 for the 4G and ~$280/$290 for the 8G.
As a former employee of Cingular I am just thinking ... will the network buckle with just the Apple employees using the phone or will it take 3 more people to push it over the edge?
i bot options contracts, shorting apple stock last week in anticipation of a total bomb. word on the streets is that the iPhone is a first gen. nightmare walking. sounds like the free phones were part of an attempt to fill the ATT quotas. i'll be waiting on the sidelines, bomb ass Windows-based phone inhand, surrounded by all the people, with half-a-brain, who will be waiting to see just how bad the keyboard and related operational functionality really are. gl turtleneck. i need a pocket pc for business or a device with similar functionality. this thing looks like a slick kids toy but...have at it.
you idiot, why didn't you use a married put...you instead shorted the stock (incurring margin costs) and bought a call (probably at the current strike).
Too bad Brent only works for the retail store and not corporate.
Are Apple store employees considered "regular" Apple employees? Just curious.
waiting- waiting. its so hard to be right when the validation is 10 hrs off.
So .com, how are you feeling about those options contracts? I notice you haven't logged in to post about your "validation". Meanwhile, reviews are mostly very positive, and sales look like they are through the roof. Think you might have made a tiny boo boo?
This is actually very good news, as there could be a decent flood on eBay of the Apple employees that don't want one (Yes, don't want a free iPhone, or at least would rather have a few hundred instead).
I'm sure they won't notice the $200 to $300 (iphone at cost?) coming straight out of their bonuses anyways...
the history of mankind is full of such petty gestures
ps truaztlan is right Mario Mejia and yangsta ae good points too (only one telephone cannot actually cost over 100 whichever way you look at it)