Who can put a price on pain and suffering? Your attorney can, of course... to the total sum of a cool 1 Million dollars. Dongmei Li of Queens, New York (I didn't know people living in Queens could afford iPhones) claims that Apple's dramatic iPhone price cut is a flagrant violation of consumer price discrimination laws. Her suit alleges that the price cut hurts early adopters by deflating the iPhone's resale value. I call that the price of early adoption, but apparently it is grounds for litigation. Who knew?
So let me get this straight... if I walk into Wal-Mart and buy a head of lettuce, which then subsequently drops in price by 20 cents after I leave the store, I can then sue Wal-Mart for damages? Hot damn! I'm going to start watching for those falling prices and little yellow smiley faces.