Steve Jobs Makes The Right Move

Well, it's been an interesting 24 hours of newsflow since the announcement that the 8G iPhone will drop in price to $399.

Those who argued this was just a case of “early adopter blues” were incorrect. This was different, especially so given the extraordinary iPhone buildup.

Steve Jobs did the right thing by offering his half-explanation/half-apology to early iPhone purchasers. The $100 rebate-credit is appropriate given the circumstances.

Now the AAPL question still remains: How are iPhone sales doing? Is this a sign of strength or weakness? Some hints can be found in CNBC’s Jim Goldman’s great blog earlier today, which surveys analyst comments before the announcement of the rebate.