Apple Offers iPhone Price Protection

Early iPhone adopters reacted angrily on Wednesday to Apple's $200 price cut, but if you purchased an iPhone recently, you are not without options. According to Apple's posted policy, you can get a credit if Apple reduces its price on any shipped product within 10 calendar days of shipment.

In order to receive the refund or credit you must contact Apple within 14-days of shipment. You can contact Apple Sales Support at 1-800-676-2775.

While Apple will not refund iPhone purchases over the 14-day limit, some users on Apple's support forums have had some success contacting AT&T directly.

One user, who purchased their iPhone at an AT&T store on the first day, said they were getting a $200 credit on their bill. Not every user has been so lucky contacting AT&T for a discount.