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iPhone Pricing Factoid, plus Motorola's Missteps

Here's a good stick with which to beat iPhone skeptics in my next CNBC appearance:

A note to everyone who believes that $499 is too much to pay for Apple's iPhone: The Motorola RAZR was
originally introduced at that price. It went on to become the best
selling phone in the world before RAZR marketer Geoffrey Frost died and
Motorola went on its "We will not be undersold" price-cutting binge.

Speaking of Motorola, Friday's WSJ had a great, must-read piece summarizing the many missteps that got Motorola to where it currently is.

[via Blackfriar]
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