Brett Arends goes bonkers, explains why iPad isn’t worth far more money than it costs
Yesterday, I flagged buckets of stupid poured on to the internet by Dell and Microsoft execs who should know better. But someone then had to go and tell me about Brett Arends and his WSJ SmartMoney masterpiece Is That iPad 2 Really Worth $2,000?
Now, the smart people among you will have noticed the slight problem with Arends’s argument, in that even the most expensive iPad is a smidge over $800, and the cheapest model is $500. Aha! Arends has you there:
If I don’t spend that $500, I’ll invest it.
Right. In the stock market, which NEVER FAILS. And by the same token, we should all stop buying anything and invest the money, because there’s never any benefit in leveraging new technology, thereby investing in your life, rather than the stock market.
By all means argue that the iPad 2 is overpriced if you can back that up with an argument that isn’t “but a cheaper and better Android device will probably be released within six months”; similarly, if tablets aren’t for you and you prefer netbooks, fair enough. But don’t respond to someone asking whether you’re getting an iPad with “even if I did, I probably wouldn’t want to spend $2,000 on one,” because that makes you sound like a dick.
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