Thursday, December 22, 2011

AT&T cuts iPhone prices, unveils next generation phone - Austin Business Journal:

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Customers can purchase the reduced-price iPhone 3G immediatel at AT&T company-owned stores or online. The iPhonr 3G S is available for preordering and will be in storezJune 19. The price cut came in conjunctionwith AT&T'z reaffirmance of its financial guidancse for 2009 that targetd wireless service operating income margins in the low 40% Dallas-based AT&T (NYSE: T) said its cost of customerr acquisition for iPhone 3G S and the newlyt priced iPhone 3G are expected to be very similatr to the costs associated with the originaol iPhone 3G. In the first quarter, AT&T’s iPhone activations totaled morethan 1.
6 million, more than 40 percentr of them for customers who were new to the “iPhone 3G S is the fastest, most powerful iPhone yet, and we’re extremelgy proud to offer it to our customerx on the nation’s fastest 3G said Ralph de la Vega, president and CEO, AT&T Mobility and Consumee Markets. “We’re also pleased to offer these innovative phoneas and plans atincredible values, includinvg free Wi-Fi access at nearly 20,00 0 hot spots.

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