iPhone 200$ Price Cut.

Apple announced a Price cut of $200 for it's 8GB touch phone. And discontinued the production of the 4GB iPhone. The price cut is from $599 to $399 for the 8GB model. Also those who purchased it within the last 14 days will get the $200 price difference. For those who purchased it in the early days their is $100 available, if they purchased it in any of the AT&T or Apple store.

This announcements are taking as a storm around the mobile phone market. Some experts say this is to prevent the market from the Google's expected launching of Gphone. Also Apple's iPhone is expected get tough competition from LG, Samsung and Nokia in this
soft touch phone market.