I don't get it...
Introduced in late June at a top price of $599, the iPhone was one of the most anticipated electronic devices of the decade. Despite its high price, consumers across the country stood in long lines to buy the iPhone on the first day of sales. Now, just two months later, Apple is discontinuing the less-expensive $499 model and cutting the price of the premium version from $599 to $399.
Apple cuts price on top iPhone, angering some early buyers - The Boston Globe
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