Cheaper iPhone

Now since Apple surprised the world when it stopped production of its 4GB iPhone, the second wave hits again.

This time, Apple cuts down price of its 8GB iPhone from $599 to $399 within 10 weeks of its launch on June 29,2007.

However, those who have bought an iPhone earlier($599) will get a $100 credit, courtesy of Apple. Those who bought their iPhone, 14 days within the announcement will get a full refund.

Read:
iPhone price cut
Steve Jobs sorry for price cut

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