When Steve Jobs announced this week slashing iPhone price by $200 just 2 months after launch, he should have seen a huge uproar by consumers coming.
Apple said today it would give a $100 store credit to early iPhone customers. Steve Jobs (Apple CEO) said: "We apologize for disappointing some of you, and we are doing our best to live up to your high expectations of Apple,"

Apple stock fall 5.1% after the price drop and is expected to fall even more as a result of this credit.

With all of this in mind the iPhone is a great success selling close to 1MM devices in 2 months and is the ahead of Google's phone close to half a year.