iPhone price drop – and update

In what I think is a totally unnecessary (but certainly welcomed) move Apple announced that they'll be giving the original owners of the 8GB iPhone a $100 store credit.

As I mentioned in my previous post, if you're going to be an early adopter, eventually you're going to pay the price. I was perfectly OK with paying that price.

I was reminded however that a lot of buyers of the iPhone were not only first time Apple customers, but were also not your traditional early adopters. They were the ones with the loudest voice, and ultimately Apple caved.

I can't wait to see the market's reaction to this one.