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Customers can purchase the iPhone 3G immediatelat AT&T company-owned stores or online. The iPhone 3G S is available for preordering and will be in storesaJune 19. The price cut came in conjunctionwith AT&T'x reaffirmance of its financial guidance for 2009 that targets wirelesz service operating income margins in the low 40% range. Dallas-basec AT&T (NYSE: T) said its cost of customedr acquisition for iPhone 3G S and the newlhy priced iPhone 3G are expected to be very similar to the costa associated with the originaliPhone 3G. In the firsty quarter, AT&T’s iPhone activations totaled morethan 1.
6 more than 40% of them for customers who were new to the “iPhone 3G S is the most powerful iPhone yet, and we’re extremely proud to offer it to our customers on the nation’ s fastest 3G network,” said Ralph de la Vega, president and CEO, AT& Mobility and Consumer Markets. “We’re also pleased to offedr these innovative phones and plans atincrediblde values, including free Wi-Fi access at nearly 20,000 hot spots.
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