$200 overcharge? If I am not mistaken your're an adult - whom is supposed to be responsible for what you buy. Did you sign a receipt at the Apple store with the "$200 overcharge" displayed? If you agree to pay a price for something then I don't see where the overcharge is coming from, it was your choice to buy it.
Oh c'mon! When will the apple-istas just except the egregious nature of this move by Apple and move on? Jobs' capitulation on this should end the argument. Even the all-powerful Jobs gave in and admitted that the timing and precipitous amount of the cut was a slap in the face to the people who went ga ga over an untested and unseen product and took a leap of faith. If Amex wants to please its customers by refunding the $200, good for them, and good for the people who can take advantage of it. Hell, Amex doesn't even offer price-protection as a feature on its cards anymore and they understand the special nature of this case enough to make an exception.
It's a price protection offered by some credit card companies. Tell me, what's wrong with using it? What's the difference in this and, say, buying a plasma tv at Best Buy and then they reduce the price 30% the next weekend. Happens all the time, and it makes consumers angry. Since this wasn't a small price reduction, consumers are due some protection - if they signed up for it. Find something else to get your panties in a wad about. By the way, I agree. The iPhone is a piece of technology. Price drops are par for the course. Just don't get pissy when some people are offered protection against this sort of thing.
Best Buy is a bad example, as they themselves offer price protection for 30 days (I've even had them automatically credit my Best Buy card with no action on my part).
Honest? When has anyone lied about anything? I told Amex the truth, if they grant me the $200 per phone refund that is their prerogative. And let me tell you they will be rewarded. I’ll make sure I put everything I can on my Amex card.
Ok, I'm not going to argue semantics. It's simply a price protection service offered by some card companies. If you find the item you purchased within "x" timeframe, they credit the difference. This is what happened, and some people are able to take advantage of the service they are offered. Its not dishonest or unethical. It's a SERVICE offered.
By your logic, anyone who purchased an iPhone at the original price shouldn't take advantage of Apple's $100 credit offer, either. Apple may not provide price protection beyond 10 days, but Steve Jobs basically admitted that the price increase was too high and too rapid, and Apple has done the right thing.
