Apple Comes Out with "Poor Man's iPhone"
For all you suckers out there who aren't as awesome as I am, you can now purchase a really watered down version of the iPhone (you know…minus the phone part) via the just-released iPod Touch.The iPod Touch is just less than one-third inch thick and can store photos, music, videos and other digital data. It features the same 3.5-inch, touch-screen display as the iPhone, on which light finger touches allow the user to scroll through menus and resize pictures with two fingers.
You've got to hand it to Steve Jobs. He basically just took the iPhone, removed all the cool functionality and remarketed it as a suped up iPod without any additional research or costs to his company. And he knows full well that people will fall for it. Brilliance!

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