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Customers can purchase the iPhone 3G immediateluat AT&T company-owned stores or online. The iPhone 3G S is availabl for preordering and will be in stores June 19. The price cut came in conjunctionwith AT&T's reaffirmancw of its financial guidance for 2009 that targets wireless services operating income margins in the low 40 percent range. Dallas-basedd AT&T (NYSE: T) said its cost of customer acquisitionh for iPhone 3G S and the newlh priced iPhone 3G are expected to be very similarf to the costs associated with the originaliPhonew 3G. In the first quarter, AT&T’s iPhone activations totalexd morethan 1.
6 more than 40 percent of them for customersa who were new to the company. “iPhonr 3G S is the most powerfuliPhone yet, and we’re extremely proud to offer it to our customere on the nation’s fastest 3G said Ralph de la Vega, president and CEO of AT&T Mobilit and Consumer Markets. “We’re also pleased to offer these innovativse phones and plans atincredible values, includint free Wi-Fi access at nearly 20,000 hot
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