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iPod and iPhone Price Cuts on the Horizon?

iPod and iPhone Price Cuts on the Horizon?
Rumor has it that Apple is getting ready to shake up its line up of iPod Touches and iPhones again. Less than a week after announcing new higher capacity iGadgets, the Apple rumor mill has latched on to the idea that a $100 price cut is due in the near future for all of the devices and that eventually the lower-capacity 8 gigabyte (Gb) model iPod Touch and iPhone will get the axe.

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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