Apple offers $100 credit to iPhone early adopters

One day after announcing it will cut prices on its iPhone handset from $599 to $399, Apple said it will bow to consumer frustration and offer a $100 store credit to consumers who purchased the device at full MSRP. In an open letter published on the Apple website, CEO Steve Jobs writes "I have received hundreds of emails from iPhone customers who are upset about Apple dropping the price of iPhone by $200 two months after it went on sale…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…We want to do the right thing for our valued iPhone customers. We apologize for disappointing some of you."

For more on the iPhone rebate:
-read Jobs' open letter

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