Rumor: Next iPhone to Cost Only $199

by Jody Mitoma on May 1, 2008 at 7:59 pm

Y’know, just to add to the rumor mill below, I’m going to go ahead and post about the next generation iPhone possibly costing you less than two bills.

That’s right. According to Fortune Techland it is very possible that the 3G iPhone will be sold for as little as $199.

Of course, to take advantage of this price drop, you have to sign up for a contract. Surprisingly, Techland is rumoring that you’ll only have to sign up for a two-year contract, and not a three-year one.

Fortune says:

At $200, the iPhone would be within reach of a much wider consumer market and give AT&T a strong magnet to pull lucrative customers away from rivals like Verizon Wireless, Sprint and T-Mobile. The $200 rebate or subsidy would be limited to AT&T customers and not available through Apple’s stores. The new iPhone sold by AT&T will likely be locked or programmed so buyers can’t take the cheaper iPhone to another phone service.

So, according to the quote above, the phone’s will be locked, which is to be expected. Unfortunately for the companies (Apple and AT&T), iPhone’s can easily be unlocked.

Although, this doesn’t sound too outrageous, I’ll simply believe it when I see it.

(Source: TUAW)

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Posted in News Related, Rumors, iPhone 2.0