BUSINESS
10/02/2007 11:01 am ET Updated May 25, 2011

Angry Woman Files $1 Mil Lawsuit Over iPhone Price Cut

A New York woman is so angry at Apple Inc. for lopping $200 off the price of the iPhone that she's filed a lawsuit seeking $1 million in damages.

Dongmei Li of Queens, N.Y., claimed the company violated price discrimination laws when it slashed the price of the 8-gigabyte iPhone by a third, from $599 to $399, within two months of the gadget's June debut.