Apple Offers $100 Credit To Early iPhone Buyers
Facing a backlash from early buyers of the iPhone, Apple Inc. said it would issue a $100 credit for Apple Stores to iPhone users who paid full price for the product.
The move, announced by Apple CEO Steve Jobs in a letter posted on Apple's Web site, was meant to assuage the bitterness early iPhone users began to express following Apple's announcement Wednesday that it was cutting by $200 the price of Apple's $599 iPhone. Early iPhone users vented their frustration about the price cut on in online discussion forums throughout yesterday evening and today.
In the letter addressed to all iPhone customers, Mr. Jobs said he personally received hundreds of emails from iPhone customers who "are upset about Apple dropping the price of iPhone by $200 two months after it went on sale."




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Wall Street Journal | Nick Wingfield | September 6, 2007 03:49 PM