J. R. Ransom's taosmultimedia.com - iPhone Price Cut Gamble Has Customers Abuzz

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iPhone Price Cut Gamble Has Customers Abuzz

When Apple CEO Steve Jobs abruptly announced that the company was cutting the price for the 8GB iPhone from $599 to $399, he appeared to be a bit dismissive of the product's early adopters -- many of whom stood in line for hours to acquire the coveted gadget. Some 24 hours later, though, he was trying to make amends. "Even though we are making the right decision to lower the price of iPhone, and even though the technology road is bumpy, we need to do a better job taking care of our early iPhone customers as we aggressively go after new ones with a lower price," he wrote in a letter to Apple fans.
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