Even recession can't dampen demand for faster iPhone - washingtonpost.com

Evidently, a faster iPhone is enough to get consumers to reach for their wallets again. Apple announced yesterday that it sold 1 million units of its latest iPhone over the weekend.

The heavy demand for the new devices, priced at $200 or $300 if purchased with a two-year commitment to AT&T, happened even as the company cut the price of its older iPhone line to $99. The company did not say how many people bought the cheaper 3G iPhone...