Apple sells refurb iPhones for $399-$499

Apple has begun selling refubished iPhones from its online storefront, pricing the guaranteed good-as-new cellular handsets at $100 lower than the list price. The company's iPhone features a multi-touch display with a full QWERTY virtual keyboard, the Safari Web browser, email access, and built-in Wi-Fi as well as Bluetooth connectivity. iPhones -- which serve as a video-enabled iPod, cellular phone, and internet communications device -- come in 4GB and 8GB models that store up to 1,000 and 2,000 songs, respectively. Both iPhone models provide up to eight hours of talk time with 250 hours of standby time on each battery charge, and both handsets incorporate a 2.0 megapixel camera. The iPhone weighs in at 4.8-ounces, and ships with Apple earphones alongside a USB 2.0 cable.