Apple slashes the price of the iPhone

Apple Corp. announced it’s slashing the price of the iPhone, their uber-cool Internet phone.

Apple has dropped the 4GB version altogether and reduced the price of the 8GB model to $399, approx. GBP197, $200 less than when the phone first launched in July.

Although the 4GB version has been dropped, the remaining stock is still on sale at $200 less than the launch price, at $299!

Check out the iPhone at http://www.apple.com/iphone/