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This Wall Street Journal article discusses the pitfalls of being the first on the block to get that great new product. As early adopters of the iPhone found out, waiting just a couple of months can add up to big savings.Here's the article in a nutshell, how long to wait once a particular product is released...
Computers: Wait as long as you can -- even longer than a year. Last years models are this years bargains. Unless you have a highly specialized application, most people will have no problem with 1-2 year old computers.
Digital Cameras: Wait one year. Camera technology has stabilized to the point where you're no longer going to see huge benefits by upgrading your camera every year.
High-Definition Video Discs: Wait until the dust settles. There is much speculation as to whether either of the HD formats will really be the next universal packaged media.
Software: Wait one month until the patches and updates are released.
Televisions: Wait one year, prices are still dropping 25-30% annually.
Videogame Systems: Wait for cutting-edge videogames to be released, as buyers of the PS3 are still waiting for those killer games that take full advantage of Blu-ray technology.
read more | digg story
2 comments:
Oh, so I guess just wait forever then. Come on, when you want something, and you're ready to buy then, then buy.
No, the article was pretty specific about how long to wait. If you want to early-adopt and don't mind paying for the privilege, be my guest.
You might get stuck with something incompatible with later versions of the same technology. i.e., HDTV display standards, future Blu-rays and HDDVDs not playing on the earliest machines, etc.
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