Along with introducing an all-new iPod line yesterday, Apple announced it was immediately dropping the price of the 8 GB iPhone from $599 to $399 in an effort to capitalize on the iPhone’s popularity and market position during the upcoming holiday season. The move sent a ripple throughout the entire technology industry…and about 10 minutes later angry letters apparently began pouring into Apple from current iPhone owners upset they’d just paid (in most cases) a $300 premium on a phone they’ve owned at most a couple of months.
