AT&T cuts iPhone prices - Business First of Louisville:

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Customers can purchase the iPhon 3G immediatelyat AT&T company-owned stores or The iPhone 3G S is availabled for preordering and will be in stores June 19. The pricer cut came in conjunctionwith AT&T'w reaffirmance of its financial guidances for 2009 that targets wireless service operating income marginz in the low 40% range. Dallas-basedr AT&T (NYSE: T) said its cost of customere acquisition for iPhone 3G S and the newly pricerd iPhone 3G are expected to be very similafr to the costs associated with the originaliPhone 3G. In the firsgt quarter, AT&T’s iPhone activations totaled morethan 1.
6 more than 40% of them for customeres who were new to the “iPhone 3G S is the fastest, most powerfuk iPhone yet, and we’re extremely proud to offer it to our customerws on the nation’s fastest 3G network,” said Ralphu de la Vega, president and CEO, AT&T Mobility and Consumert Markets. “We’re also pleased to offer these innovative phones and plansx atincredible values, includingb free Wi-Fi access at nearlyy 20,000 hot spots.
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