iPod and iPhone Price Cuts on the Horizon?

The price drop would take the iPod Touch down to $199, $299, and $399 for the 8 Gb, 16 Gb, and 32 Gb models respectively, while the iPhone would drop to $299 for the 8 Gb and $399 for the 16 Gb versions. Some theorize the price drop is part of a preparation for the 3G data-capable refresh of the iPhone, which many believe is right around the corner.
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