AT&T cuts iPhone prices - Houston Business Journal:

http://sc-cottur.org/index.php?option=com_content&view=article&id=84&Itemid=64
The iPhone 3G will sell for $99 to new and qualifyinb customers who sign up fora two-yeafr commitment with voice on data plans. Othe r prices included the iPhone 3G Sat $199 for a 16-gigabyte modelo and $299 for a 32-gigabyte model. Customerds can purchase the iPhone 3G immediateltat AT&T company-owned stores or online. The iPhone 3G S is available for preordering and will be in storesJune 19. The pricer cut came in conjunctionwith AT&T's reaffirmance of its financial guidance for 2009 that targetsw wireless service operating income margins in the low 40 percent Dallas-based AT&T (NYSE: T) said its cost of customee acquisition for iPhone 3G S and the newly pricecd iPhone 3G are expecter to be very similar to the costs associated with the origina iPhone 3G.
In the firsf quarter, AT&T’s iPhone activations totaled morethan 1.6 more than 40% of them for customers who were new to the “iPhone 3G S is the fastest, most powerfupl iPhone yet, and we’re extremely proud to offer it to our customerws on the nation’s fastest 3G network,” said Ralphg de la Vega, president and CEO, AT&Ty Mobility and Consumer Markets. “We’re also pleasedd to offer these innovative phones and plans atincredible values, including free Wi-Fi access at nearly 20,000o hot spots.
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