Tuesday, May 27, 2008

AT&T Has No Price for 3G iPhone


AT&T has no price for the 3G iPhone according to Chief Financial Officer Rick Lindner.

“There’s not been a product announcement. There hasn’t been any pricing decisions made. That’s yet to come,” CFO Rick Lindner told the Reuters Global Technology, Media and Telecoms Summit in New York.

Linder said AT&T, has more than 2.5 million iPhone customers, with the average subscriber paying close to $100 a month on services after spending as much as $500 for the phone.

“It comes down to economics, how many units you think you can sell at different price points,” Lindner said. “That’s how pricing is determined on just about any device.”

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