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Max $$$ for iPod Mini

December 13th, 2005 · Comments · Technology Trends

CNet has a good story on the latest iPod development.

Turns out that although Apple recently discontinued the iPod Mini–replacing it with the Nano model–there’s a segment of buyers who still want a Mini and are willing to pay through the nose to get one. As of 11:45am yesterday (which is when CNet posted their story), one retailer with Minis in stock (Compu-America) was selling a 4GB Mini for $349, which is $150 more than the original price. As of now, Compu-America has raised their price for a 4GB Mini to $499. In the past 3 months, eBay has sold about 36,000 Minis, and the average price is rising (currently, it’s $229).

From a technical perspective, the Nano is smaller, performs better, and has a color screen. So why are people willing to pay a premium for the Mini?

I think it comes down to style: the iPod is really a fashion accessory. People like the Mini because it comes in a variety of colors (pink, green, silver). The Nano, on the other hand, comes only in black or white.

It could be because they’re rare; according to the article, one buyer wanted to fulfill the Christmas wishes of a friend’s girlfriend: “She had her heart set on an iPod Mini mainly because they are discontinued, so not many people would have them.”

Either way, Apple will sell a lot of mp3 players.

Mini:

Nano:

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