Apple Administers $100 iPhone Credit Details
Apple recently made good on its promise to issue $100 credits to early iPhone buyers, a conciliatory step by Steve Jobs. 
The company has now outlined the specifics for redeeming the credit online, including cut-off dates and a host of eligibility rules. The credit applies to those purchasing the iPhone prior to August 22nd, though anyone buying the device after that date - and before the Jobs announcement - is eligible for a refund. Buyers can apply for the credit online, and subsequently use the credits at any Apple Store, or the Apple Online Store.
The credit was originally issued following a massive, $200 price drop on the 8GB iPhone. That sparked protest from early buyers, many of whom endured long lines to obtain a first-run device. Jobs, at first unsympathetic to early buyers, quickly issued an apology and promised the credit. “Our early customers trusted us, and we must live up to that trust with our actions in moments like these,” Jobs said. Early buyers of the 4GB iPhone - now discontinued - are also included in the credit as well.
Story by news analyst Alexandra Osorio.
