My understanding is the top-end model was $600 at launch. The price was cut by $200 to $400 two months after launch; after a backlash Apple compensated early p

My understanding is the top-end model was $600 at launch. The price was cut by $200 to $400 two months after launch; after a backlash Apple compensated early purchasers with $100 of store credit. Two years later, an iPhone with comparable specs to the $600 launch model was $200. Source: https://www.nytimes.com/2007/09/07/technology/07apple.html https://www.nytimes.com/2007/09/07/technology/07apple.html