iPhone Price Cut Rankles Owners

Perhaps the most stunning piece of information in Steve Jobs’s press conference yesterday is Apple’s $200 price drop on the iPhone.

The Associated Press reports that “the price cut, from $599 to $399 for the 8-gigabyte iPhone, immediately set off a debate on online tech forums between early adopters, who said paying a premium price came with the territory, and those who said they felt burned. The price reduction was too much too soon, some complained.”

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