AT&T to Cut the Price of the iPhone
AT&T is planning the cut the price of the iPhone by a possible $200 when they release the 3G iPhone this summer. This will bring it down to a merely $199 for customers who sign a 2-year contract.
Apple is planning on releasing an 8GB drive and a 16GB drive, costing $399, and $499 respectively.
Since average iPhone users generate about $100 dollars, AT&T will easily gain all of it’s money back. However, AT&T doesn’t get to keep all of it, because they have to pay Apple 9% to 25% of what the users pay each month.
A few weeks before it comes out, Apple will stop shipments on the old iPhone to build up hype for the new one. This is said to be around June 27 or so.
There’s also two things new with the iPhone:
The new iPhone will be 2.5 mm thinner than the 11.7 mm original. The iPhone will also have a GPS chip for navigation and other location-based services.
Source: TechLand
