The terms of an 8 GB iPhone just let lower , and the 4 GB iPhone is on its means out , allot to Apple CEO Steve Jobs . He announced the 8 GB iPhone ’s Modern cost will be $ 399 , down $ 200 from its original $ 599 Mary Leontyne Price . Well now , how does that make those of us early adoptive parent who drip $ 600 on the first ones feel ? Hmm .

Apple Sets iPhone Price at $ 399 for this Holiday Season

SAN FRANCISCO — September 5 , 2007 — Apple ® today announced that it is on runway to sell its one millionth iPhone ™ before the death of September , and to make iPhone affordable for even more customers this vacation time of year , it is lowering the price of the most popular iPhone model with 8 GB of repositing from $ 599 to just $ 399 .

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“ The surveys are in and iPhone customer gratification scores are higher than we ’ve ever see for any Apple merchandise , ” said Steve Jobs , Apple ’s chief executive officer . “ We ’ve clearly develop a breakthrough mathematical product and we want to make it affordable for even more customers as we enter this holiday time of year . ”

The 8 GB iPhone is available forthwith for $ 399 in the US through Apple ’s retail and on-line storehouse and AT&T retail stores . The iPhone 4 GB model will be sell while supplying last .

This press release contains a forward - looking statement about the Company ’s expected iPhone sales that involves hazard and uncertainties , and actual results may dissent . These risks and uncertainties admit those find in the party ’s public reports file with the SEC , include the troupe ’s Form 10 - kilobyte for the fiscal twelvemonth stop September 30 , 2006 , and its Forms 10 - Q for the tail ended December 30 , 2006 , March 31 , 2007 and June 30 , 2007 . The Company simulate no obligation to update any forward - attend statements or information , which talk as of their several dates .

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Apple ignite the personal calculator revolution in the 1970s with the Apple II and reinvented the personal computer in the eighties with the Macintosh . Today , Apple preserve to result the industry in origination with its award - winning computers , OS X operating organization and iLife and professional coating . Apple is also spearheading the digital media rotation with its iPod portable music and video players and iTunes on-line store , and has entered the mobile sound market this year with its radical iPhone .

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