Get an old iPhone for $100 less

If you don't mind getting a phone that may have been used before Apple has a nice deal for you, DailyTech writes the firm is now offering refurbished 4GB and 8GB iPhone models on its website for $399 and $499, respectively.

That's $100 less than the price of the new iPhones.

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 than $5 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.

The price cut should be welcome news to potential buyers looking to get a deal on an iPhone. The full one-year warranty should be enough to entice many buyers who might otherwise be turned off by refurbished devices.

I'm just wondering where they get all these refurbished phones from only weeks after the official launch.