Apple seems to be doing the right thing for early adopters of the iPhone. Apparently all the details have to be worked out, but they are going to offer a $100 voucher.
I would not have minded so much if the price drop was staggered, say $100 now and $100 before the holiday season, but a $200 two month after release was a little much. So this is a good PR move from Apple.
Still the price drop suggests that the iPhone is not selling that well, something that is reflected in the recent drop in the Apple share price. On the other hand, $400 now puts the iPhone squarely in the smart phone price bracket, so the price should not longer be a deterrent for people looking for a new smart phone.
