
“Apple Inc. CEO Steve Jobs apologized and offered $100 credits Thursday to customers who shelled out $599 for the most advanced model of the iPhone this summer, only to have the company unexpectedly slash the price $200 in a push to boost holiday sales.”
Courtesy MSNBC
It was only a matter of time before the iPhone saw a price cut, but I will admit I am surprised it happened so soon. Also shocking is Apple giving out $100 store credits for those who purchased the iPhone at its “high” price.
Also new on the Apple front is the highly anticipated “new” iPod, the iPod Touch.

If you are thinking this looks familiar… you are exactly right. The iPod Touch is essentially an iPhone - without the phone. The iPod Touch is just a hair smaller than the iPod but shares almost all of the same capabilities: 3.5-inch widescreen display, multi-touch screen, Wi-Fi capable, etc.
The iPod Touch comes in two flavors: 8 GB @ $299.00 and 16 GB @ 399.00. According to Apple’s site, the iPod Touch should begin shipping by September 28th.