Wednesday, September 05, 2007
Steve Jobs is a genius



Just more than two months after its launch, Steve Jobs announced today that the 8GB iPhone is now $399. The 4GB will be clearanced out at $299.


This makes perfect sense from a business standpoint. There are always two types of consumers--the early adopters and the masses. The early adopters paid the heavy price (and the bugs with it) and now the masses can enjoy a cheaper and more stable device.


At $400, this will fly off the shelves at your local AT&T store.

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