New iPhone AND Lower Monthly Cost? – News Of The Day

On May 7, 2009

Now this is the kind of rumor/report I like. According to Scott Moritz of TheStreet, AT&T is considering a drop in the basic iPhone monthly plan from $69 to $59.

If true, that comes out to a savings of almost $250 a year on the service plan or, we hope, in the range of the price of the new hardware if you are upgrading to a new 2 year contract.

Clearly Apple and AT&T are feeling the heat from the upcoming Palm Pre and the host of new Android devices expected. For once, the free market might actually benefit us consumers.


The Street via MacRumors