Apple Sells A Million iPhones, Cuts Its Price and Stock Falls
As Apple Inc. (formerly Apple Computer Inc.) would have it, or not, they announced that they sold over a million iPhones, and are cutting the prices on the two models. The top of the line iPhone is now $399. However, the phone still doesn’t work here in Vermont on the AT & T network because AT & T apparently wants nothing to do with rural Vermont and 1 other state that for some reason can’t get the iPhone either.
So, Jobs issued an apology and a $100 credit for early adopters of the iPhone and then the company’s stock took a fall from fear of underperforming sales.
Oh ya, check out the really cool new iPods!