AT&T: New iPhone will be hot



We can’t tell you where or who, but pretty high up in AT&T’s food chain, the following was reported to be said:

  • New iPhone announcement around mid-June (duh)
  • New iPhone will be faster and have a more seamless experience unmatched by any device (could be just talking about 3.0, but we think it’s also a new iPhone)
  • U-Verse iPhone application; will allow control of your home DVR (play, pause, rewind, etc.) Continue reading

AT&T to Sell IPhones Without Contracts for $599, $699


 AT&T Inc., the exclusive U.S. carrier for Apple Inc.’s iPhone, will begin selling the device without a contract for the first time.

The 8-gigabyte model will sell for $599 and the 16-gigabyte model will go for $699, AT&T spokesman Mark Siegel said today in an interview. The offer, available March 26, will let customers sign up for month-to-month plans with Dallas-based AT&T.

Until now, AT&T has required a two-year contract for iPhone buyers, charging $199 to $299 for the device. The strategy change may be an effort to attract month-to-month customers and clear space on store shelves for new products. Analysts at Piper Jaffray & Co. and Broadpoint AmTech Inc. expect new iPhone models to arrive in the next few months.

Apple may introduce a cheaper version of the iPhone this summer for $99, along with a higher-end version with twice the storage currently available, Broadpoint analyst Brian Marshall said this week in a note to clients.

IPhone customers are required to spend $30 a month on a data plan, giving them access to Web features. That’s on top of a voice plan, which starts at $39.99 a month. IPhone customers who sign up without a monthly contact will be required to pay the same amount, Siegel said.

Worth It?

The new iPhone prices might not make sense for buyers, said Hakim Kriout, a portfolio manager at Grigsby & Associates, a New York-based securities-trading firm. Customers would be better off paying the regular contract price and getting the discounted phone, he said. Then they could cancel their contracts if they wanted to go month to month. Termination fees start at $175.

The original iPhone customers will finish out their contracts on June 30, two years after the device’s debut. About 270,000 bought the phone in the first two days it was on sale, with 1.12 million getting it in the first quarter it was available. AT&T said in July that it planned to sell the device with no contract eventually.

AT&T fell 10 cents to $25.60 in New York Stock Exchange composite trading at 4 p.m. The stock has declined 10 percent this year. Apple rose 10 cents to $101.62 in Nasdaq Stock Market trading.

By Amy Thomson

Related post AT&T bringin’ sexy back, offering iPhone 3G at no-commitment price, no activation

AT&T bringin’ sexy back, offering iPhone 3G at no-commitment price, no activation

Time to clear out some inventory, boys! AT&T, starting March 26th, is going to start offering the 8GB and 16GB iPhone 3Gs at a no-commitment price. These prices are $599 and $699 respectively. The good news is that you do not need to perform an activation/unbrick at the point of purchase, so you can buy the devices for your grandma, your best friend, or for half of China before you head back home. There’s a limit of “one per line” which makes us think you’ll need an active AT&T line to purchase an iPhone (AT&T stores typically don’t sell you no-contract phones unless you provide them with an active line of yours), but the presentation also says that they basically have no way of tracking this. Still, at $599 and $699, are these going to move? Time will tell. Hit the jump for some more shots of the presentation we got a hold of!