April 29th, 2008
Rumor: 3G iPhone to sell for US$199
In Fortune’s TechLand blog Scott Moritz cites a “person familiar with the strategy” as saying that Apple will drop the price of the new 3G iPhone as much as US$200 when it’s launched this June. The only catch: buyers will be required to sign a new two-year contract.
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.
Moritz confirmed some other 3G iPhone rumors with his source:
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.
If the price drop rumor is true it’ll make Apple’s goal of selling 10 million iPhones in calendar 2008 that much more attainable.
(image courtesy: Cleveland Leader)
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Jason D. O'Grady is the editor of PowerPage.org, which has been publishing daily mobile technology news since December 1995. For disclosures on Jason's industry affiliations, click here or to view Jason's full profile click here.
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