That is the most excellent headline over on internetnews which details the Apple CEO’s quick back pedal after announcing a 33 percent price cut on the iPhone. The 8GB iPhone will be slashed from $599 to $399, while the $499, 4GB iPhone will be discontinued and sold for $299.
“‘The audience applauded and cheered, but half of the audience was Apple employees anyway, so that was hardly surprising.’
“‘The reaction outside of the Moscone Center in San Francisco, however, was a little different. Apple’s stock was creamed, dropping nearly $10 in one day and down $1.75 for Thursday. For some people, there was humor in it. FARK.com reported the price cut under the headline ‘That Great Disturbance in the Force you heard? 1 Million Apple Fanboys being bilked out of $200,000,000 for being first.'”
I love it when people tell it like it REALLY is. Good job to Andy Patrizio, the writer of this particular internetnews.com story.