Apple has posted details about the $100 store credit offered to iPhone purchasers by Steve Jobs last week following a $200 price drop in the iPhone.

To receive your credit, follow these three easy steps.

Step 1: Identify your iPhone
To confirm eligibility, simply enter your phone number and iPhone serial number in the fields provided.

Step 2: Enter your access code
You will receive an SMS text message on your iPhone containing the access code to redeem your $100 credit. Enter your phone number and your access code in the fields provided to generate an electronic store credit.

Step 3: Get your $100 Apple Store credit
You will receive a $100 electronic store credit to purchase products at the Apple Retail Store or the Apple Online Store.

Requests must be made for the $100 store credit between September 13, 2007 and November 30, 2007.