The price of the iPhone has been dropped jaw-droppingly from $599 to a mere $399 just two months after the iPhones initial release. This no doubt has made the blood boil of the iPhones early customers. So therefore Steve Jobs has apologised in an open letter and has chosen to give people who bought the iPhone from either AT&T or directly from Apple will get a $100 store credit which can be used for any product at Apple in-store or online.
To be honest I really am not complaining because the prices is edging rather quickly. For me if after only two months there has been a 33% price drop then in a years time I can foresee the price coming down as fast as a ball rolling down a hill.
Also another point of view from me is that Jobs sales must have dropped after the initial techno-addicted people who just had to have it; so to attract more people he has had to force his hand instead of seeing a period of low sales.