AT&T drops iPhone 3GS to $49 – Don’t Bite!

Thursday, January 6th, 2011 | Business | by

In an obvious move to lock some more people into 2 year contracts, AT&T dropped the iPhone price to $49 from $99. Why fret over $50 when you are talking a 2 year $500 contract, with cancellation fees of around $300.

Don’t buy in, wait for the new Verizon iPhone announcement.

Good times on MacRumors.com today.

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