Sorry Steve.. Apple does the right thing.

Anyone who bought the phone in the past two weeks, get's $200 CREDIT at apple store. Otherwise, you get $100 credit at the store. Not money in your pocket but it is the right thing to do. Apple doesn't say they were totally wrong, but partially wrong and had bad timing. I guess they should have brought it out at $399 to avoid everything. Maybe they didn't have the inventory or wanted to wait to see what the demand would be. Now that they've ramped up manufacturing for the Holiday Season, they can increase demand for the iPhone through a price cut.
In Summary, 1: $399 is the right price point, 2: Prices always go down, don't complain, 3: Mea Culpa to our Apple Fans.
Read the whole memo here.
The end is the "quasi"-mea culpa.
Therefore, we have decided to offer every iPhone customer who purchased an iPhone from either Apple or AT&T, and who is not receiving a rebate or any other consideration, a $100 store credit towards the purchase of any product at an Apple Retail Store or the Apple Online Store. Details are still being worked out and will be posted on Apple's website next week. Stay tuned.
We want to do the right thing for our valued iPhone customers. We apologize for disappointing some of you, and we are doing our best to live up to your high expectations of Apple.
Steve Jobs
Apple CEO
This has done much to remove my buyers remorse. continue reading»




















