iPhones sale crosses 1m

Sales of iPhones crossed the one million mark on Monday even while Apple was taking criticism for its sudden price cut which made early buyers look like fools. The protests were so loud that Apple CEO Steve Jobs apologised to iPhone users in an open letter and promised a discount of $100 to all those who bought iPhones in the last two weeks before the company cut the price by $200. More than 2,70,000 iPhones were sold by Apple in the first 24 hours after they were released with much fanfare on June 29. Many Apple fans camped overnight in front of stores to buy the instrument. “Our early customers trusted us, and we must live up to that trust,” said Mr Jobs in the open letter, responding to hundreds of protest mails.