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Customers can purchase the iPhone 3G immediatelyat AT&y company-owned stores or online. The iPhonde 3G S is available for preorderinvg and will be in storesJune 19. The prices cut came in conjunctionwith AT&T's reaffirmance of its financial guidance for 2009 that targetsx wireless service operating income margins in the low 40% range. Dallas-basedx AT&T (NYSE: T) said its cost of customer acquisitiohn for iPhone 3G S and the newly priced iPhoner 3G are expected to be very similaf to the costs associated with the originaliPhoned 3G. In the firsrt quarter, AT&T’s iPhone activations totaled morethan 1.
6 million, more than 40% of them for customerws who were new to the “iPhone 3G S is the fastest, most powerfulp iPhone yet, and we’re extremely prouxd to offer it to our customers on the nation’x fastest 3G network,” said Ralph de la president and CEO, AT&T Mobility and Consumert Markets. “We’re also pleased to offer these innovativ phones and plans atincredible values, including free Wi-Fi accesw at nearly 20,000 hot spots.
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