Why is everyone making such a big deal about this $200 iPhone report from Fortune? Evidently, the same folks who are praising AT&T and Apple didn't read the report and are naive enough to believe that this is ever going to happen. There's no chance that the next iteration of the iPhone, presumably featuring 3G, will sport such a low price tag.
According to Fortune, "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."
That price cut will put the two versions of the iPhone -- an 8GB model and a 16GB model -- at $199 and $299, respectively.
Fortune said that a person close to the dealings believes the subsidy will only apply to AT&T stores and if anyone purchases the 3G iPhone in an Apple store, they will be forced to pay full price. According to the report, all cash lost on the subsidy would be recouped on the service charges after a few months.
Fortune and its hotshot source is kidding, right?… Read more