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In order to appease the overwhelming influx of dissatisfied early adopter iPhone customers, Steve Jobs has issued an open letter addressing the $200 qualm. Although the logistics seem to be in the works, Jobs has decided to offer $100 of store credit to those who bought the iPhone through either AT&T or Apple without a rebate or any other consideration whatsoever:

Therefore, we have decided to offer every iPhone customer who purchased an iPhone from either Apple or AT&T, and who is not receiving a rebate or any other consideration, a $100 store credit towards the purchase of any product at an Apple Retail Store or the Apple Online Store. Details are still being worked out and will be posted on Apple's website next week. Stay tuned. We want to do the right thing for our valued iPhone customers. We apologize for disappointing some of you, and we are doing our best to live up to your high expectations of Apple.

Now we're getting somewhere. I actually feel sort of loved. Jobs claims he wants to do the right thing. How about that extra $100 dude? Or at least an opportunity to buy the 16GB model that you'll inevitably release before Christmas at a discounted price?

Nitrozac's paintings of Steve Jobs via Geek Culture

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Read Jobs' open letter after the jump.