Sunday, September 19, 2010

How Apple sets Prices

I was psyched to see an article on Apple being featured in my favorite blog - NYTimes Freakonomics.

This article originally featured in Bloomberg Business Week
which breaks down Apple’s pricing strategy and identifies its key components. “Next time you’re sitting at an airport bar and hear two business people debate whether Apple is a technology or design company, chime in: ‘Nope. What Steve Jobs sells is pricing,’” writes Ben Kunz. “Pricing? You bet. Jobs is a master of using pricing decoys, reference prices, bundling and obscurity to make you think his shiny aluminum toys are a good deal.”"

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