Apple gives cost of iPhone service, first fans show
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Apple Inc.  said on Tuesday  its hotly anticipated iPhone could cost as much as $3,000 with  a required two-year service contract, and a handful of eager  buyers started lining up to spend their money.
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Shoppers are expected to snap up 1 million or more iPhones when the sophisticated cell goes on sale Friday. But Hollywood and other entertainment providers will be looking for more than sales: They&#39;ll be watching for signs of the next mobile revolution. Video on cellphones is not new. But the new iPhone ($499 for the 4GB model, $599 for 8GB) is far more advanced than predecessors.
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(InfoWorld) - Apple and AT&T on Tuesday released details of the service plans forÂ the iPhone,Â which will be released later this week. The iPhone will have three available plans that will start at $59.99. Individual plans are priced at $59.99 for 450 minutes, $79.99 for 900 minutes and $99.99 for 1,350 minutes. iPhone customers can also choose from any of AT&TÂ¹s standard service plans, according to AT&T. All three iPhone plans include unlimited data, Visual Voice mail, 200 SMS text messages, roll-over minutes, and unlimited mobile-to-mobile calling. The companies also offered details for the activation of the iPhone. As expected, the activation process will be handled through AppleÂ¹s iTunes application â¹ the process, according to Apple will only take a few minutes as iTunes guides users to choose a service plan, authorize a credit and activate the iPhone. iPhone activation requires an Internet connection; an iTunes Store account or a major credit card; a valid Social Security number (as required by AT&T); the latest version of iTunes and a PC or Mac with a USB 2.0 port and one of the following operating systems: Mac OS X v10.4.10 or later; Windows XP Home or Professional with Service Pack 2 or later; or Windows Vista Home Premium, Business, Enterprise or Ultimate Edition. The iPhone requires a new two-year AT&T service plan. Customers with existing AT&T accounts will have the option of keeping their existing phone number and upgrading their account to work with iPhone. The iPhone will go on sale on Friday, June 29, 2007 and will cost $499 for the 4GB model and $599 for the 8GB model.
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Blog: AT&T has released pricing information for the new iPhone with plans starting at $60 per month.
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The price of Apple Inc.'s iPhone and the cost of switching to AT&amp;T Inc.'s wireless service may suppress demand for the device, according to a survey by the research firm IDC.
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Thousands of U.S. gadget  fans made an orderly pilgrimage to stores on Friday to be among  the first buyers of Apple&#39;s iPhone, a music- and video-playing  device expected to reshape the mobile industry.
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By THE ASSOCIATED PRESS  CUPERTINO, Calif. - AT&T Inc. and Apple Inc. on Tuesday said wireless service for the iPhone will range from $59.99 per month to $99.99 per month.
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Blog: The 8GB iPhone probably cost Apple about $265.83 to build, according to iSuppli, resulting in nice profits at $599 a pop.
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SAN FRANCISCO/NEW YORK  - Hundreds of gadget fans,  or their paid stand-ins, lined up on Friday to be the first  buyers of Apple Inc.'s  iPhone, a music and video  playing phone expected to reshape the mobile industry.
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Brace yourself for a $2,000 phone bill AT&amp;T and Apple have announced what the iPhone will cost customers over the two-year contract they'll be obliged to sign - and it's pretty-much what AT&amp;T charges customers already.â¦
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Affordable for the holidays, or cheaper to boost sales? Analysts were divided on the true meaning of Apple's $200 price drop for the 8GB iPhone, but a number of consumers were more focused on having just paid 50 percent more than today's new price for their fancy gadget.
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Apple Inc. (AAPL; $122.34)  Reiterates 4 STARS [buy]  Analyst: Scott Kessler  Apple announces service plans for the iPhone that all include  unlimited Internet access, visual voice-mail, 200 text messages,  and roll-over minutes.
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Blog: AT&T is telling customers they can only buy one iPhone per person, at least at first.
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Apple Inc.  and AT&T Inc.   said on Tuesday they will offer three price plans,  starting at $59.99 per month, for the widely anticipated iPhone  that is set to go on sale this week.
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Apple Inc. said on Tuesday its hotly  anticipated iPhone could cost up to $3,000 with a required  two-year service contract, but that didn&#39;t stop a handful of  admirers from starting to wait to buy the device.
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For the last several weeks, iPhone users have been by turns amused or enraged over the sheer heft of the bills they are receiving from AT&T.
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Piper Jaffray analyst Gene Munster believes Apple is taking $18 per month for each iPhone subscriber under its&#160;deal with AT&amp;T.Apple has confirmed it has reached a revenue deal with AT&amp;T, but has never revealed what it is. Munster -- who once thought Apple was receiving $3 per subscriber has changed his mind based on information gleaned from&#160;Apple&#39;s most recent financial report.Apple&#39;s accounts describe $118 million in iPhone and iPhone-related revenue during the quarter. Apple has previously confirmed plans to account for iPhone (and Apple TV) sales across a two-year period.Munster took the 1.4 million iPhones Apple&#39;s sold so far, took away the 250,000 units Apple said it believes were bought to unlock from AT&amp;T&#39;s network, and calculates that 1.15 million revenue-generating iPhones contributed to Apple&#39;s quarter.If Munster&#39;s estimates are correct, AT&amp;T will pay Apple $432 per iPhone subscriber across the two-year life of the contract.Macworld.co.uk is an InfoWorld affiliate.