Apple drops restock fees, iPhone 3GS price

Following in the footsteps of its retail partners, Apple has officially dropped the price on the 8GB iPhone 3GS, while a new report suggests the company its dropping its standard restocking fee. The 8GB iPhone 3GS is now available for $49 directly from Apple with a two-year contract; the move was widely expected, as retailers such as AT&T, Radio Shack, and Best Buy were already offering a similar discount on the device. In addition, 9 to 5 Mac reports that Apple is dropping its standard 10% restocking fee beginning tomorrow. While the report indicates that the 14 day return policy will remain in place, the absence of the restocking fee will allow potential iPhone customers to purchase both the AT&T and Verizon versions of the device and test them during the return window to see which works best for them, then return the unwanted version without penalty.

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