Several sites are reporting that a New York woman is suing Apple for $1 million in damages claiming Apple violated price discrimination laws when it cut the price of the iPhone by $200.

According to Li's lawsuit, filed on Sept. 24 in the U.S. District Court, Eastern District of New York, the price reduction injured early purchasers like herself because they cannot resell the product for the same profit as those who bought the cell phone following the price cut.

Many feel this is a ridiculous lawsuit, but has gotten enough press that I've posted it for your commenting pleasure.

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