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Member Since: 2/2006

Apple apologises after slashing iPhone price

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Apple has apologised and promised to give credit notes to customers who have bought iPhones after slashing the price of the must-have gadget within weeks of its release.

Steve Jobs, the technology firm's CEO, announced the move in a letter on Apple's website, in which he said sorry for "disappointing" consumers who had paid the full price of $599 - almost £300 - for the device.

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