Wal-Mart is cutting iPhone prices right now. The iPhone price was cut down to $ 97 with a two year AT and T contract. Analysts say the Wal-Mart iPhone sale could be a sign that Apple is just trying to clear out old merchandise ahead of next month’s expected launch of a new 4G iPhone model at Apple’s Worldwide Developer Conference. Other industry developments leading up to Apple’s Worldwide Developer Conference have industry sources very curious about what’s in store for the iPhone.
Resource for this article: Wal-Mart iPhone 3GS sale clears shelves for Apple 4G iPhone By Personal Money Store
The 4G iPhone triangle of intrigue
The Wal-Mart iPhone sale started Tuesday for Apple’s entry level 16-gigabyte 3GS phone. Meanwhile, the Wall Street Journal reports that AT and T will charge smartphone customers fees the size of installment loans for people with bad credit for breaking their AT and T iPhone contract early — nearly doubling fees from $ 175 to $ 325 beginning June 1. The third point in the iPhone 4G triangle of intrigue is that Steve Jobs is the keynote speaker at the Worldwide Developer Conference. Jobs usually has a grand announcement when he makes an appearance at a high profile technology event.
Future with the 4G phone bet on by Apple
The Wal-Mart iPhone sale confirms that Apple is ready to unveil its 4G iPhone, according to the Silicon Valley/San Jose Business Journal, which reports that such a move signals Apple is confident that the 4G system, not available yet in most U.S. cities, will be widely and rapidly adopted. Analysts believe it will be two or three years before there is a complete adoption. The same article reports that AT and T’s iPhone contract decision to hike the cost of terminating service is being seen as a defensive move to keep iPhone customers from jumping to other carriers.
Verizon iPhone threatens AT and T
In another iPhone 4G rumor, Jobs will not only announce the 4G iPhone at the Worldwide Developer Conference, he will announce the Verizon iPhone. When, not if, the Verizon iPhone happens, the SV/SJ Business Journal reports that AT and T could lose 40 percent of its iPhone customers, about 6 million accounts. The blog techcrunch.com reports that by raising termination fees, AT and T wants to keep customers chained to AT and T for another two years after the Verizon iPhone is launched.
4G iPhone a game changer?
The 4G iPhone is generating a buzz because 4G offers download speeds up to 10 times faster than 3G. The exponential boost in data transfer is anticipated to put an end to buffering when content loads for video, music streaming and large format images on smartphones. 4G will allow companies to expand mobile workforces without network gridlock and make video-conferencing routine. Media smartphone users will be able to send high quality live video reports.
More information on this topic
Wall Street Journal reports
http://online.wsj.com/article/BT-CO-20100521-709542.html?mod=WSJ_World_MIDDLEHeadlinesEurope
Silicon Valley/San Jose Business Journal
http://sanjose.bizjournals.com/sanjose/stories/2010/05/24/daily29.html?jst=pn_pn_lk
techcrunch.com reports
http://techcrunch.com/2010/05/21/att-hikes-smartphone-early-termination-fees-claims-it-has-nothing-to-do-with-iphone-right/