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E-Business EBIZNEWS?Summary of an Article

EBIZNEWS?write a short summary of a current (within the last two months) news article about e-business or the Internet and include link to article.

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EBIZNEWS?write a short summary of a current (within the last two months) news article about e-business or the Internet and include link to article.
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Apple's iPhone
The news article chosen just hit the wires on September 6, 2007. Jordan Robertson reports by way of the Associated Press, that Apple Inc. CEO Steve Jobs had to respond to hundreds of upset customers after the price of the new iPhone dropped prior to hitting the market. Due to the hype and advertising of the new gadget, many people "shelled up to $599 for the iPhone this summer" (Robertson and Wong, et al., 2007) on pre-order, only to have Apple Inc. lower the price by $200 "from the expensive model's price." (2007)

Though the CEO sent letters of apologies to unhappy customers, Steve ...

Solution Summary

The request requires researching an article relating to e-business news, and summarizing the article. The solution uses a recent article relevent to e-business news and a summary to follow.

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