SAN FRANCISCO: Apple Inc. slashed the entry price for an iPhone in half and lowered some laptops by $300 Monday, the company’s first dramatic price cuts since the recession began a year and a half ago.

With co-founder and CEO Steve Jobs absent until his medical leave is over at the end of June, Apple’s biggest unveiling at its annual conference for software developers was a new model of the iPhone, the 3G S.

It looks the same but sports a faster processor, longer battery life, an internal compass, a video camera and a photo camera with better resolution and auto-focus.

A 16-gigabyte version of the 3G S will cost $199 and a 32-gigabyte version will be $299.

The 8-gigabyte iPhone 3G, which came out last year, now costs $99 (RM350), instead of $199.

When the iPhone debuted two years ago, eager Apple fans had to shell out $499 for a 4-gigabyte version and $599 for 8 gigs.
Read more : Apple iPhone at US$99 RM350?.

will you buy an iPhone then?
at this price I do!