Created Sun 7th Dec 2008 7:23am PST by 
reuters
reuters 
Will the cheapest iPhone cost less than a barrel of oil at the end of 2009?
Question created by
Background: If Apple slashes the price of an entry-level iPhone and the global economy recovers enough to drive oil prices back up, it's possible an iPhone could cost less than a barrel of crude by the end of 2009.
Settlement details:Oil price is benchmark U.S. crude quoted here http://www.reuters.com/finance/commodity?symbol=US@CL.1 . The iPhone price is the cheapest price on the Apple U.S. online store. We'll use the most widely available outlet if Apple stops selling iPhones directly.
Forecast history %
| Yes |
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| No |
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Question suspends in 5 weeks
- Activity: H$94,698 |
- Predictions: 115 |
Comments: 1
Get widget!Predictions (115)
thepeoplegeekllc
predicted No (H$1,000 at 86%)
fellcolor
predicted Yes (H$500 at 14%)
tomrcraver
predicted No (H$100 at 78%)
predicted No (H$100 at 78%)Comments (1)
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score: 10
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I don't think its fair to ask how much the iphone costs, you can get it for 'free' in australia on a 24 month contract..
nevertheless i'd say it will be $99 on a plan in the US by the end of 2009 without doubt.. i'm hearing oil is expected to remain under $40 for a very long time
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