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Old 06-09-2008, 10:42 PM   #1
YaMon
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Apple announces faster, cheaper iPhone
CEO Steve Jobs unveils the much-anticipated 3G iPhone; cuts the iPhone price to $200; takes aim at the BlackBerry.

NEW YORK (Fortune) -- Apple announced on Monday a much faster iPhone that's half the price of the current model.

The news is expected to address one of the biggest complaints about the hugely popular iPhone: That its network is too slow. CEO Steve Jobs said the new iPhone, which is based on 3G technology, is 36% faster than top rival Nokia's N95 smartphone.

As Fortune.com first reported, the new 8-gigabyte iPhone will cost $199 and a 16-gigabyte version will cost $299. Jobs says the new iPhone will be available worldwide starting July 11. It will allow up to six hours of Web browsing and five hours of talk time.

Jobs announced the 3G iPhone, which had been rumored for months, at the company's annual World Wide Developers conference in San Francisco.

Apple shares fell 4% after the iPhone announcement, as some investors were left wanting more from the gadget maker. The stock had been up 55% in the past three months on heightened expectations for a radically improved iPhone and the possibility of other product launches.

While the price cut was good news for consumers, U.S. iPhone partner AT&T said it would feel the pinch of having to lay out a subsidy for the new phone. In a press release late Monday, AT&T said the iPhone costs will cut adjusted earnings by about 11 cents this year and next.

AT&T's exclusive iPhone partnership also calls for the company to share as much as 24% of its monthly iPhone service revenue with Apple.

During the show, Jobs also introduced a slew of new applications for the iPhone, including a wireless system that automatically forwards e-mail to other devices, a friend-finding service called Loopt and mobile blogging software from TypePad.

Other new applications for the iPhone include a service from MLB.com that provides a live scoreboard of major league games, and music-making software, called Cow Terry, for creating songs on the phone.

The new iPhone applications are aimed at boosting revenue from data services. Wireless companies increasingly are looking to these services to offset slowing growth in mobile phone sales. Apple, for instance, will charge $99 a year for its new MobileMe service, which sends e-mail, contact and calendar updates to a user's devices.

The new services drew plenty of 'oohs' and 'aahs' from the 5,200 attendees at Apple's developers conference. But the main attraction was the 3G iPhone.

Since the original iPhone was introduced nearly a year ago, Apple (AAPL, Fortune 500) has sold 6 million handsets, Jobs said Monday. The company has set a goal of selling 10 million handsets worldwide this year.

But iPhone users have complained loudly about the cumbersome EDGE network, which is operated by AT&T (T, Fortune 500), the exclusive seller of the iPhone in the United States.

Jobs kicked off the conference by talking about the iPhone for business users, a lucrative market dominated by rival Research in Motion (RIMM). He said that the iPhone now works with Microsoft's Exchange office server systems - a key feature if the iPhone hopes to crack the BlackBerry's lock on working professionals.

Jobs also said that 35% of the Fortune 500 has participated in a beta program for business applications for the iPhone.

Also, Jobs announced that the new version of the Mac operating system OS X is called "Snow Leopard."
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Old 06-09-2008, 10:42 PM   #2
fmb
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Yeah, the phone is cheaper, but what is the cost of service? I've worked with some folks that have an iPhone and they love it. None of them will talk about what the cost of having one is. If the phone is cheaper, is the service plan?
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Old 06-09-2008, 11:31 PM   #3
mstad
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Re: It's Coming! And So Am I!!!
Nice YaMon, how's it gonna feel buying one of these when you already bought a lesser version of the same thing for twice the price not a year ago?
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Old 06-10-2008, 12:06 AM   #4
YaMon
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Re: It's Coming! And So Am I!!!
Quote:
Originally Posted by mstad
Nice YaMon, how's it gonna feel buying one of these when you already bought a lesser version of the same thing for twice the price not a year ago?


I'll feel like I have an expensive 8 gig iTouch with movies loaded on it for half an east coast flight and will have a 16 gig iPhone to provide the double feature to get me into the east coast with plenty of phone and tunes for the rental car to get me to the hotel.
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Old 06-10-2008, 01:51 AM   #5
Juan.©amaney
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Re: It's Coming! And So Am I!!!
I don't know why people rag on this shit so much. Aren't most 1st generation anythings usually more expensive and generally speaking lacking in functions until the second or 3rd versions?

I had the original LG The V, which then morphed into the enV and now the enV2 that I let my sister have cuz frankly, it looked like a calculator.

When I saw jshizz's iphone, I thought it rocked! Not $600 rock, but it rocked nonetheless. Now I'm thinking if I can get one of those sumbitches and unlock it and make it work with verizon, I'm pimping that.
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Old 06-10-2008, 01:53 AM   #6
Juan.©amaney
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Re: It's Coming! And So Am I!!!
also to add, if it weren't for the iPhone, verizon and everyone else wouldn't be trying to add iPhone-;ile features to its phones.

I still like the article that maddox did on the iPhone, but now that its competetively priced and does a few mroe things, it's not too bad a phone.
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Old 06-10-2008, 06:37 AM   #7
PMBalls
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Re: It's Coming! And So Am I!!!
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Old 06-10-2008, 08:01 PM   #8
Juan.©amaney
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Re: It's Coming! And So Am I!!!
Quote:
Originally Posted by PMBalls

I don't get it. What are you guys all upset about?

Think of it this way, the phone costs 2 bills and is GPS enabled, right? Most hand held GPS units cost more than that. Add to it a multi media player, a phone, and a camera with all the other BS you can download to it and it's worth it.
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Old 06-10-2008, 08:16 PM   #9
YaMon
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Re: It's Coming! And So Am I!!!
Quote:
Originally Posted by Juan.©amaney
I don't get it. What are you guys all upset about?


I think it's similar to the apes' reaction to the monolith in 2001 A Space Odyssey.
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Old 06-10-2008, 10:31 PM   #10
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Re: It's Coming! And So Am I!!!
Are they going to release GPS software to current iPhone users?
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Old 06-16-2008, 03:42 PM   #11
PurpleButton
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Re: It's Coming! And So Am I!!!
Quote:
Originally Posted by Juan.©amaney
I don't get it. What are you guys all upset about?

Think of it this way, the phone costs 2 bills and is GPS enabled, right? Most hand held GPS units cost more than that. Add to it a multi media player, a phone, and a camera with all the other BS you can download to it and it's worth it.


That is a good point! I think it is definately worth it. I am anxious to see what the plans will be though. The fact that it will be faster and is GPS enabled is huge and Tele Atlas is providing the mapping data, so you know it is going to be good. I can't wait until July to see this!
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Old 06-16-2008, 03:49 PM   #12
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Re: It's Coming! And So Am I!!!
Quote:
Originally Posted by Juan.©amaney
Now I'm thinking if I can get one of those sumbitches and unlock it and make it work with verizon, I'm pimping that.

Correct me if I'm wrong, but isn't Verizon a CDMA network and the iPhone a GSM product?
I understand unlocking the phone to use on a GSM network other then AT&T (Such as Sprint or T-Mobile) but how do you change the type of signal?
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Old 06-16-2008, 08:11 PM   #13
Juan.©amaney
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Re: It's Coming! And So Am I!!!
Quote:
Originally Posted by Draggon
Correct me if I'm wrong, but isn't Verizon a CDMA network and the iPhone a GSM product?
I understand unlocking the phone to use on a GSM network other then AT&T (Such as Sprint or T-Mobile) but how do you change the type of signal?

That was the if part, brother. If I can't do it, I have my eye on the voyager. I don't want to start doing 2 different cell phones again, it's fucking ridiculous.
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Old 06-16-2008, 10:38 PM   #14
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Re: It's Coming! And So Am I!!!
And yet, I still do not have a Cell Phone or I-Pod.

I have no intention of owning a Cell phone. Us Cavemen are still trying to figure the Monolith!!!
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Old 06-17-2008, 01:06 AM   #15
onlyalad
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Re: It's Coming! And So Am I!!!
Quote:
Originally Posted by fmb
Yeah, the phone is cheaper, but what is the cost of service? I've worked with some folks that have an iPhone and they love it. None of them will talk about what the cost of having one is. If the phone is cheaper, is the service plan?


"And while on the subject of pricing, the long-term cost of the iPhone 3G will exceed the original’s since the minimum service fees with AT&T will run at least $10 per month higher.

With a two-year contract, that’s $240 -- $40 more that the $200 price cut you’ll get with the new subsidized iPhone. If AT&T charges more for text messaging as some suspect (monthly fees start at $5), the discrepancy could be more severe. "


http://weblogs.baltimoresun.com/bus...phone_wont.html

Also Juan this article tell why you just can't unlock the phone and use another service. You have to return it to cancel the contract.

"But according to a Computerworld article, AT&T will require the return of the iPhone before it cancels the contract. "
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