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!