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Get Ready For Another iPhone Price Cut

iphone

9to5Mac is reporting that, Apple will soon be dropping the prices of the iPhone and the iPod Touch. It is believed that this will be a 100$ drop on all the existing models, and it could also possibly eliminate the lower end models like Apple did the last time with 4GB iPhone.

I’m sure Apple is making this move, to increase the sales of the iPhone, like it last did. Also this makes perfect sense, since they have just launched the 16GB model, and they have apparently been making even higher more profits with them. Lets hope that they drop the prices this month end at the special event this month end. 

Also, I believe that Apple is already working on the launch of 3G iPhone and is doing well to create a introduction price point at about 499$. This is how the product lineup might look like after the price cut :

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