Report: AT&T Will Cut iPhone Price "By As Much As $200"

Fortune:

AT&T (T) is planning to put some extra shine on the even sleeker new Apple (AAPL) iPhone.

When the 3G iPhone is introduced this summer, AT&T, the exclusive U.S. iPhone sales partner with Apple, will cut the price by as much as $200, according to a person familiar with the strategy.

AT&T is preparing to subsidize $200 of the cost of a new iPhone, bringing the price down to $199 for customers who sign two-year contracts, the source says. Apple is expected to have two versions of the new iPhone, an 8-gigabyte-memory and a 16-gigabyte-memory model with price tags widely expected to be $399 and $499.

Read the whole story: Fortune

Comments

[Mort]

At $200 off it's still a pipe dream on most of our budgets.

[280park]

forget all the complicated recession definitions, this is pretty clear!

[ghostofgrrrl]

just give 'em away

[KOisGod]

Sorry - my disposable income is going to exxon mobil shell BP cheney bush the top 1% and the grocery store kids cloths education cat food and my power bill.

If you can afford $300 for a frigin CELL PHONE, you'er a selfish a-hole

[67bug]

Or, we can afford the phone because we don't have kids! :)

[KOisGod]

Pity - who will visit you as you live out your last days pissing in your bed?