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Wednesday, September 05, 2007 11:11 AM PT Posted by Eric Dahl

Apple Event: iPhone Price Drop! 8GB now $399

iPhone-399.jpgMore news from Today's Apple event: The 8GB iPhone is now down to $399. According to Apple, that's the model everyone wants, so the 4GB model goes away and the 8GB drops to this lower price.

Apologies to anyone who just bought their iPhone. If you were at the event now, you'd get to listen to KT Tunstall as a consolation prize.

(Read more about today's Apple announcements in Today@PCWorld: 802.11b/g iPod Touch, Classic iPod Changes and Prices, New Shuffles and Wider Nano, and Apple Sells Ringtones. And here's our analysis of what's most interesting of the many announcements made by Steve Jobs today.)

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