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Apple dials down iPhone's price tag

An 8-gigabyte version of the iPhone with new bells and whistles will sell for $199 - $200 cheaper - when it goes on sale July 11. Why?
"Analysts have said Apple needed to slash the iPhone's price and make it usable on faster networks to hit the company's target of selling 10 million iPhones by the end of 2008," according to an AP article.
jobsapple.jpg

Paul Sakuma/Associated Press
Apple CEO Steve Jobs talks about the new iPhone 3G at the Apple Worldwide Developers Conference in San Francisco on Monday.

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