Apple Slashes Price for New iPhone

PlusApple Slashes Price for New iPhoneApple Slashes Price for New iPhoneThe Associated PressThe iPhone will soon be 0 cheaper and come with satellite navigation and faster Internet access, but it will be pricier to own because monthly service charges are rising. (June 9)(locator – San Francisco, CA)APPLE ADDED PLENTY OF NEW FEATURES TO ITS SECOND GENERATION IPHONE, INCLUDING A FASTER INTERNET CONNECTION AND GPS CAPABILITIES, BUT ONE THING’S BEEN DROPPED: THE PRICE.Steve Jobs, Apple CEO, says: “Of course the big news: from 9 to 9.” THE 8 GIGABYTE MODEL WILL SELL FOR 9. A 16 GIG MODEL WILL COST 299. ANALYSTS SAY APPLE NEEDED TO SLASH THE GADGET’S PRICE AND UPGRADE IT TO HIT THE COMPANY’S TARGET OF SELLING 10 MILLION IPHONES BY THE END OF THE YEAR.(drop in analyst sound-bite)BUT IT’LL COST MORE TO USE THE NEW IPHONE. AT&T, THE EXCLUSIVE CARRIER FOR THE PHONE, WILL CHARGE USERS ABOUT 10 DOLLARS MORE PER MONTH. THEY’LL GET UNLIMITED ACCESS TO NEW APPLICATIONS LIKE MUSIC MAKING SOFTWARE, NEXT GENERATION VIDEO GAMES, REAL TIME SPORTS SCOREBOARDS AND ON-DEMAND NEWS VIDEO. APPLE HAS INKED DEALS IN 70 COUNTRIES TO CARRY THE NEW IPHONE.Steve Jobs, Apple CEO, says: “Next time you’re in Malta and you need an iPhone 3G, it’ll be there for you.”THE NEW IPHONE GOES ON SALE JULY 11. HAVEN DALEY, THE ASSOCIATED PRESS, SAN FRANCISCO. ___ ___, The Associated Press.(****END****) ANCHOR VOICE: HAVEN DALEY ————————-VIDEO PRODUCER: MICHAEL WALDON

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