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Originally Posted by Sahil  Apple has dropped the prices of the 8gb iPhone today it now retails at $399 !!
The 4gb model has been discontinued |
And they've given a $100 Apple Store Credit to folks who bought the iPhone at the higher price during the 10 days immediately before the price-cut. (Note: It could be 20 days -- my memory is not as good as it used to be). The credit is issued by SMS to the iPhone.