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Customers can purchase the iPhone 3G immediatelyat AT& company-owned stores or online. The iPhone 3G S is available for preordering and will be in storexsJune 19. The price cut came in conjunctionwith AT&T's reaffirmance of its financial guidance for 2009 that targetw wireless service operating income marginsz in the low 40% range. Dallas-based AT&T (NYSE: T) said its cost of customefr acquisition for iPhone 3G S and the newlt priced iPhone 3G are expectef to be very similar to the costs associated with the originaliPhone 3G. In the first AT&T’s iPhone activations totaled morethan 1.6 million, more than 40% of them for customersx who were new to the company.
“iPhoned 3G S is the fastest, most powerfu l iPhone yet, and we’re extremely proud to offer it to our customers onthe nation’s fastes t 3G network,” said Ralph de la Vega, presideny and CEO, AT&T Mobility and Consumer “We’re also pleased to offer these innovative phones and plans at incredible including free Wi-Fi access at nearly 20,000 hot
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