It’s the economy, stupid.

What’s with all the complaining about the iPhone price cut? You knew it was $600 when you bought it. If you didn’t think that it was worth $600, you didn’t have to buy it. After you made that purchase, you had an iPhone and Apple had your money. You were okay with the universe at that point. So why does its availability to other people at a lower price point suddenly make it not okay for Apple to have sold it to you at a price you agreed to? Is your phone suddenly worth less now that other people can get it for less than you paid?

Apple knew it could get you to pay more. It set its price accordingly. Now it has lowered prices to make money off of other people who weren’t willing to pay before. That’s how business works, especially the high-margin business of consumer electronics.

You paid an extra $200 to have a cool toy a couple of months earlier than everyone else. Get over it.