iPhone cuts prices, Apple announces $100 credit
Saturday, September 8th, 2007Apple CEO Steve Jobs announced a price cut on the iPhone barely 2.5 months after its launch. This irked a lot of existing customers and Jobs quickly went into damage control by announcing that all existing iPhone customers would be getting a $100 credit towards their phone bill. This has by far been the quickest price cut that I have seen, but it makes sense as Apple can afford a cut right now. The iPhone is supposedly costing Apple around $250 in manufacturing costs and sells at $499 and $599 for 4GB and 8GB models respectively.
The following is a good article to read on the recent price cut from Apple:
http://www.efluxmedia.com/news_The_iPhone_vs_the_PS3_A_Price_Cut_Comparison_08398.html
Apple and US networking giant Cisco have resolved their battle over the iPhone trademark and the iPod maker will now be able to use the name for its new mobile phone.
With Apple’s products garnering so much attention these days, the company’s biggest competitors have been busily designing new gadgets to steal some of that limelight. Microsoft ’s Zune didn’t turn out to be the iPod killer that some had predicted it would be, but Samsung is ready to launch a new smartphone that it hopes will turn out to be an iPhone killer.
Apple is recommending that iTunes users stick with Windows XP for now. The iPod-maker is warning that its music store software might not be compatible with Vista, Microsoft ’s latest operating system.
With the launch of Windows Vista, Bill Gates is giving it the proverbial ‘one hundred and ten percent’ in explaining to everyone in the world why they should care about the new operating system.
It looks like Apple’s new iPhone has some serious competition…
With characteristic showmanship, Steven P. Jobs introduced Apple’s long-awaited entry into the cellphone world Tuesday, pronouncing it an achievement on a par with the Macintosh and the iPod.


