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Steve Jobs Offers $100 Credit To New iPhone Owners

After announcing on Wednesday that the 8GB iPhone was going to drop in price from $599 to $399, Steve Jobs received thousands of emails from furious new iPhone owners, who paid the full $599.

In lieu of the complaints, Jobs wrote an open letter to customers, explaining that anyone who purchased an iPhone from either Apple or AT&T will receive a $100 store credit towards the purchase of any product at an Apple Retail Store or the Apple Online Store. Further details are being ironed out and will be posted on the Apple site next week.

I hate to be a sour early adopter so I'm trying to spin this negative into a positive. A hundred bucks to add to my Christmas shopping budget...Apple Store here I come!

Join The Conversation
redsugar redsugar 9 years
I still love my iphone and wasn't mad it went down in price. That the way technology is. I'm happy to have another $100 bucks to spend at apple.
sosweetnsingle sosweetnsingle 9 years
i'm glad for the iphone owners, but what about the ipod owners. i just brought a new ipod on the 13th of august and i'm so maaaad!
Baby-Girl Baby-Girl 9 years
macgirl - I think he is a wee bit. He purchased the iphone because he was in the market to get an ipod video and he had a razr that was getting old. So he got the phone. I think everyone knew the prices were going to drop, but just not that much, that soon. It does make getting one more tempting, but I'll wait for the second version to come out - probably another 2mos ;)
macgirl macgirl 9 years
Your coworker must not be into technology as constant improvements is the name of the game. What happened with the 2 month 1/3 price cut was unusual for most industries and I would doubt it would happen again.
Baby-Girl Baby-Girl 9 years
I don't have an iPhone, but my coworker does. He got his the first week and was royally ticked off when the price cut announcement was made. When he found out about the $100 he was still pissed because he doesn't want an iPod (he's got the phone) and felt as though it should have been $100 cash not credit. Now he saying he will never buy an apple product again because of the constant "improvements". It's like chasing a ghost.
millarci millarci 9 years
If I had paid $599 for my iPhone and they slashed the price (which apple NEVER DOES) I would be pretty P.Oed. Even with the $100 in Apple credit, it's still rather aggreviating. I wonder if my boss knows about this yet. He purchased his for $599.
beingtazim beingtazim 9 years
very cool of them. almost every store has some sort of price guarantee though.
steen steen 9 years
KittyToy - I'll have to check with AT&T then. I've only had mine for about a month-and-a-half. And to everyone who is all, "Well, you should've expected it!" There haven't been a lot of phones that have come down in price within THREE MONTHS. Not the Blackjack, not the latest Motorola devices, not too many comparable phones have come down $200 in such a short time. I'd be surprised to see any that have, honestly. So NO, it WASN'T expected. Besides, as others have pointed out, Apple isn't even losing anything with the $100 store credit. They're just trying to keep people happy.
Leopardcc Leopardcc 9 years
Well If I had purchased one, and then they came out later a bit cheaper, then yes I would want some money back.
KittyToy KittyToy 9 years
well thanks to geekSugar i was able to get my 200 bucks back, i only had my phone for a month so AT&T gave it to me. People can say what they want about that network but they were beyond helpful.... and you guys say we know it will get cheaper, yeah you right we knew it would but not 2 months after the phone had been out...gimmie a break steve just out for people money so I will take his 100 bucks and buy movies I dont pay for music when I got limewire , you would be a fool if you did.....Thank you steve...
jdots24 jdots24 9 years
I think this is just silly. Sure its *sorta* unfair to the ppl who bought it earlier, but thats how technology works, you pay more money to be the first one to have the newest gadgets
gossipqueen gossipqueen 9 years
In theory maybe...but wouldn't be "adding" $ already had it... :p
alillee alillee 9 years
good idea on using the 100 for itunes! so, is everybody's iphone working ok for them? i'm dying to have one.
tallahassee tallahassee 9 years
I find this story so annoying and I agree completely with elmendoa. Seriously? You had to know the price was going to come down eventually - plus the product would upgrade over time too!
macgirl macgirl 9 years
I'll take the $100 as he didn't have to do anything for us early adopters. And to be quite honest with you if I was told on June 29th that I could have the phone for $599 today or pay $399 in September I would have still purchased the phone in June. I had been waiting for that phone a lot longer than 6 months. There had been phone rumors for years. My Treo 650 was 2.5 years old and on its last leg. I was hot for the iPhone as it was/is the perfect replacement. I plan to use my $100 on iTunes cards. It will pay for some of my ringtones ;-)
elmendoa elmendoa 9 years
sorry but i have no pity for people who WILLINGLY went out and bought a phone for $600. by choosing to be an early adopter of something, that is the risk you take to be "cool."
lintacious lintacious 9 years
what a brilliant pr/marketing move. because what can you buy for $100 at the apple store? 1/4 of an ipod? 1/10000 of an ibook? not only will this keep applefans loyal but also get them to spend more money!
UrbanBohemian UrbanBohemian 9 years
I don't like that the iPhone is only exclusive to one carrier. And even though the $100 goes back to Apple, Steve Jobs is really a marketing genius. My boss has an iPhone and he showed it to my dad who came to visit, and now he wants one even though we are on Verizon!
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