If the iPhone’s $600 price tag is a touch too expensive, you should check out Apple’s online specials. After less than two months on the market Apple’s offering up to 20% off if you’re willing to take a refurbished iPhone instead of a brand new one. This drops the 4GB version to $399 and the 8GB iPhone to $499. The discounted price includes free shipping and a one year warranty.
Brand new iPhones cost $599 (8GB) and $499(4GB)
Apple guarantees its refurbished are fully functional and like new. Refurb iPhones and other Apple products are units that have been returned by customers.
Apple Store Special Deals Page
for more details