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Apple cuts iPhone price to $399, drops 4GB model

updated 02:25 pm EDT, Wed September 5, 2007

iPhone Price Drop to $399

Apple today surprised the audience at its "The Beat Goes On" event with a dramatic reduction in price for the iPhone. Effective today, the 8GB model that was previously on sale for $599 will now sell for $399; no word has yet been received about the 4GB model, which is now expected to be phased out in favor of the 8GB version alone. The company did not explain how the company could justify the drop but noted that the cut was intended to be a companion to the iPod touch, which includes most of the same features at $399.

"We want to be even more aggressive than [what we've launched today]," said Apple chief Steve Jobs at the event. "We want to make the iPhone even more affordable. [And] customers buy the 8GB iPhone overwhelmingly, so we're focusing on that."

The price drop may in part have been spurred by high sales of the touchscreen phone, which went on sale in late June but is already said to have claimed the top spot in the US cellphone business, claiming 1.8 percent of all phones in a recent study.

By Electronista Staff
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  1. abnyc

    Fresh-Faced Recruit

    Joined: Sep 2000


    i spent 650 bux


  1. slaurel

    Fresh-Faced Recruit

    Joined: Aug 2007


    new price

    WOW! I have always been an early adopter and understand that prices will eventually drop on technology but this time I really feel cheated. In fact I fell robbed, as if someone just walked up and took $200 from my back pocket. This puts an entirely new, bad, taste in my mouth regarding Apple as a brand and company. I am truly disappointed. I don't think I will be so enthusiastic in recommending Apple to friends and family as I have in the past.

  1. David Esrati

    Fresh-Faced Recruit

    Joined: Jun 1999



    $200 premium for early adopters. Apple needs to give some credits out. This is wrong.

  1. max power

    Fresh-Faced Recruit

    Joined: Oct 2000



    I was just violated.....I feel dirty oh so dirty .....cant get cleeeaaannnnn

  1. appleisgreat

    Fresh-Faced Recruit

    Joined: Feb 2006


    b**** b**** b****

    Get over it. The price dropped so now you've lost faith in Apple as a brand? That's just stupid.

  1. nhmlco

    Fresh-Faced Recruit

    Joined: Mar 2007



    Yeah, that's a rather significant price drop, especially when you consider the thing hasn't even been available for 90 days yet.

  1. zac4mac

    Mac Elite

    Joined: Oct 1999


    After 2 f****** months???

    I'm f****** PISSED A 200 dollar premium, on top of selling several by showing it off. Bullshit

  1. bobolicious

    Dedicated MacNNer

    Joined: Aug 2002


    DRMpire building...

    ...we may be at the tipping point for Apple truly controlling the music industry - with 1/3 of releases not on CD we may soon be at the whim of EULAs for such...

    As much as I enjoy Apple-ware this potential 'Big Brother' scenario really has my concern...

  1. CadetStimpy

    Fresh-Faced Recruit

    Joined: Sep 2003


    Oh, please...

    You want the latest and greatest when it comes out? You pay a premium for that - always have had, always will.

    Are you enjoying your iPhone? Were you happy with it this morning? Then you should STILL be happy with it. Geez, stop whining! $399 puts it in reach of even more people - which means you'll get even more support, more incentive for Apple to create cool iPhone apps, and for AT&T to beef up and speed up their data network.

    Can't hack the price? Then hang back and wait till they're cheaper - but don't be an early adopter and then whine about it when you see a price cut. :p

  1. mmintler

    Forum Regular

    Joined: Jan 2000


    get over it..

    Early adopters... myself included wanted the iphone at ANY price or we wouldn't have shelled out $600 for it. I thought it was overprices and bought it anyways.

    Apple doesn't owe anyone anything. You knew price cuts were coming (maybe this sooner than expected) but you still got a great phone!

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