Steve Jobs responds to iPhoners

Wow..now this was very fast. I just posted my previous post an hour ago about how furious the early iPhoners would be after they come to know about $200 price drop in the new 8GB iPhone. And in no time I see this open letter from Steve Jobs to all iPhone owners, where he explains very neatly and brilliantly in 3 points why this price drop was necessary.

Read the entire letter here http://www.apple.com/hotnews/openiphoneletter/

Long story cut short, everyone who purchased iPhone from either Apple store or AT & T store are going to get a $100 store credit towards the purchase of any product at an Apple Retail Store or the Apple Online Store. I think this is a very nice gesture by Jobs. Its a 'Job's well done :)

I liked what he mentioned in his letter - "If you always wait for the next price cut or to buy the new improved model, you'll never buy any technology product because there is always something better and less expensive on the horizon."

Very true and very well said.