This morning, a reputable investment site made mention that AT&T plans to give away 18 months of service for free with every iPhone. It’s not important who said this cough*thestreet.com*cough, but a Cingular rep just told me that the rumors are simply not true:
https://gizmodo.com/rumor-by-a-wall-street-stiff-cingular-to-give-iphone-b-231425
The report is nonsense. We’ve always said the only way you can get the iPhone is with a Cingular rate plan.
We’re all for salivating over rumors when labeled as fantasy, but this one is so…
unbelievable that it doesn’t even get us half-hard. OK, take the world’s most anticipated phone, sell it exclusively. Sounds like a money machine. So, why give away the minutes and data for 18 months, leaving 6 months of paid service on the 2-year contract? Bunk…unless that 50% margin on the totally unsubsidized phone is going into Cingular’s pockets. That could rewrite the way phones are sold…Yes! UGH, no. Must…resist…rumors.
https://gizmodo.com/iphone-only-costs-250-to-make-rest-of-price-is-fanboy-229664
Let’s get the word out that this isn’t true.
