Apple Sales and Refund Policy

Apple Sales and Refund Policy: "Should Apple reduce its price on any shipped product within 10 calendar days of shipment, you may contact Apple Sales Support at 1-800-676-2775 to request a refund or credit of the difference between the price you were charged and the current selling price. To receive the refund or credit you must contact Apple within 14 business days of shipment."

The iPhone (8GB) just dropped in price from $599 to $399. As such, it is important to remember that being the first to own the latest and greatest does have its price. However if you bought the iPhone from Apple withing the last 10 days then you should hurry up and call the above number to ask for a refund of the difference.