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Customers can purchase the iPhone 3G immediatelyat AT&fT company-owned stores or The iPhone 3G S is available for preorderingv and will be in stores June 19. The price cut came in conjunctiobnwith AT&T's reaffirmance of its financiapl guidance for 2009 that targets wireless service operatintg income margins in the low 40% range. Dallas-baser AT&T (NYSE: T) said its cost of customer acquisition for iPhone 3G S and the newlyy priced iPhone 3G are expectes to be very similar to the costs associatef with the originaliPhone 3G. In the first AT&T’s iPhone activations totaled morethan 1.6 million, more than 40% of them for customerd who were new to the company.
“iPhone 3G S is the most powerfuliPhone yet, and we’re extremely proud to offer it to our customersx on the nation’s fastest 3G network,” said Ralph de la Vega, presideng and CEO, AT&T Mobility and Consumer Markets. “We’re also pleased to offeer these innovative phones and plansd atincredible values, includin free Wi-Fi access at nearly 20,0009 hot spots.”
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