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Submission + - Apple slashes iPhone price (

beef curtains writes: Most likely in a move to reinvigorate iPhone sales, Apple has announced that the 8GB iPhone will now go for $399. The 4GB model, which experienced poor sales, has been discontinued.

This can't possible sit well with the 1 million early adopters who shelled out $599 for the 8GB model or $499 for the 4GB model.

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