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A good read from ZDNet on iPhone 3G – Apple’s reality distortion field redefines the phrase “half the price”

Here’s an extract from the article:

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Here’s the deal. An 8GB iPhone 3G costs $199. Sounds good so far. However, AT&T has added an extra $10 a month to the unlimited 3G monthly fees compared to EDGE, so over the 24 month period of the contract, that sets you back an extra $240.

$199 + $240 = $439

That’s a $40 increase compared to the price of the current iPhone.

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The cost is now push to the operator… and your monthly subscription fees. Well, people will still flock to the iPhone regardless cos now, they can spread their cost for enjoyment over a 24 months period. Have fun now, worry later.