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

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 here.

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

[torrrep]

So you blame the government because you chose to have kids and a cat?

[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?

[67bug]

Pity? How does one know that they will outlive their children, or that their children will even care enough to visit during those last years? If only life were so cut and dried.