Apple cuts iPhone price by 200 USD
Submitted by Varun Krish on September 13, 2007 – 2:29 am
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Apple has reduced the price the iPhone 8GB edition to 399 USD from 599 USD.
Thats a sharp 33 % decline price in the phone within 2 months of the launch on June 29th.
Apple is giving a free $100 voucher to customers who had paid $599 for the same device.
This move was because many consumers were angry with Apple for making them pay extra for the same device just months back.
The price cut coincides with the announcement of new music devices like the iPod Touch and the New iPod Nano.
We speculate that the iPhone will hit the $200 mark by the time it hits Asia and India.
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