Apple's iPhone has only been on the market for about two months,
but the company is already selling refurbished phones to customers with a
The "Apple Certified Refurbished" iPhones are available
online for $499 and $399 respectively for the 8GB and 4GB models. The $100
price cut represents a 17 percent and 21 percent discount respectively.
Apple offers free shipping on both models and says that the
refurbished phones ship with 1-3 business days. Apple also offers the AppleCare Protection
plan for the refurbished phones at the regular price of $69.
The news of the refurbished iPhones comes right on the heels
of the announcement of a second iPhone lawsuit. Sydney Leung is seeking more
million USD in damages from Apple over the cost and replacement of the
iPhone's battery. The first lawsuit -- filed
by Jose Trujillo in July -- made similar claims.