I'm an early adopter. And on the day of a rant post about the price drop of the iPhone and about how bad Apple sucks, how they stick it to their customers, blah blah blah.... I'm posting just the opposite. I know being an early adopter comes with a risk, price, features, models, etc. can all change in the blink of an eye.

Yesterday, Apple announced a $200 price cut in the Apple iPhone just 69 days after release. So after instant messages from friends all day long chastising my early adopter mentality, and laughing at my loss of $200, My favorite IM was this "You got powned by steve jobs".

Today, Apple steps up and announced a $100 in-store credit for people that purchased the iPhone at the release price, and that were not getting some sort of rebate or retail discount. That's me! So now I can load up a $100 iTunes card, or put it towards one of those new Nanos.

Let's be honest here, Apple really didn't have to do anything. They offered a product at a price I was willing to pay (and stand in line for all day). They had no obligation to make any concessions. Let's face it, typically the ultimate goal of a company is to be profitable. I'm sure this move will not be appreciated by shareholders and investors.

It's nice to see the gesture, while it's not $200 cash, it's really better than nothing, and will keep me as a continued customer.