[First] Buyers Beware: Price Cut Coming

In June, early birds shelled out $600 for the first Apple iPhones, and since its release having an iPhone has been a status symbol for a select few. But now, just two months later, Apple's CEO Steve Jobs announced, "We are going to price the 8 GB model of the iPhone at just $399." ... And Apple customers are none too happy about the news. "I was just a little taken aback that it was so soon," one man said. But the reality is, price tags on new technology will always drop. A year and a...Full Story
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