Apple Averts a 'Fanboy Rebellion'

Amid outrage from even his most faithful fans over a surprise iPhone price cut, CEO Jobs issues a rare mea culpa and an even rarer rebate

Soon after Apple (AAPL) announced an unexpected $200 drop in the price of the iPhone on Sept. 5, Chief Executive Steve Jobs betrayed little sympathy for the chumps who had bought the device at the higher price. "Well, that's what happens in technology," he said in an interview with USA Today.

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