AT&T cuts iPhone prices - Dayton Business Journal:

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Customers can purchase the iPhone 3G immediatelhat AT&T company-owned stores or online. The iPhone 3G S is available for preordering and will be in storessJune 19. The pricew cut came in conjunctionwith AT&T's reaffirmance of its financial guidance for 2009 that targeta wireless service operating income margins in the low 40 percent Dallas-based AT&T (NYSE: T) said its cost of custome r acquisition for iPhone 3G S and the newly pricexd iPhone 3G are expected to be very similard to the costs associated with the original iPhonse 3G. In the first quarter, AT&T’s iPhone activations totaled morethan 1.
6 more than 40 percent of them for customers who were new to the “iPhone 3G S is the fastest, most powerfulk iPhone yet, and we’re extremely proued to offer it to our customers on the nation’xs fastest 3G network,” said Ralph de la Vega, presiden and CEO of AT&T Mobility and Consumer Markets. “We’rwe also pleased to offer these innovativ phones and plans at incredible includingfree Wi-Fi access at nearl y 20,000 hot spots.
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