By Richard Menta 9/5/07
At the Apple event today Steve Jobs announced that there would be a huge drop in the price of the iPhone and he was right. The 8GB unit, which rgularly sells for $599 was reduced by $200 to $399.
Considering the iPhone is now the number one mobile phone, exceeding sales expectations by almost double this should place a lot of iPhone in stockings this Christmas.
Other MP3 stories:
Record Industry Woes Aggravated by Years of Bad PR
The Creative Zen 16GB flash player is available on Amazon