Thanks, Steve

Apple Inc. CEO Steve Jobs this afternoon responded to a flood of complaints from existing iPhone owners over yesterday's $200 price cut by promising the company would issue a $100 credit to anyone who bought an iPhone before the change.

"I have received hundreds of e-mails from iPhone customers who are upset about Apple dropping the price of iPhone by $200 two months after it went on sale," Jobs said in a statement posted to the Apple Web site.

Jobs apologizes for iPhone price cut; Apple to issue $100 credit (Computerworld)