USA Today says new iPhone will be $199 "Consumers and reviewers alike gushed about its compact, futuristic design and sensitive touch-screen. But even its biggest fans have had one persistent chief complaint: The iPhone's Internet network from partner AT&T was too slow.

So get ready for iPhone 2.0: On Monday Apple (AAPL) is widely expected to introduce a zippier version that will operate on both a faster AT&T network, and speedier networks internationally. The price also will rock: $199, according to people with knowledge of the matter, down from the current $399 and $499. Sources declined to be cited by name or affiliation because Apple and AT&T haven't authorized anybody to speak publicly about pricing until after Monday's announcement. The $199 price is being subsidized, though USA TODAY could not confirm details."

Labels: apple. iphone, att

  ¶ posted by Jimmie Geddes, Editor @ 6/09/2008 10:16:00 AM