according to this report the new iphone may be as low as 199$ after a 200$ rebate!
AT&T Inc. will subsidize $200 of the purchase price for new iPhones this summer, according to a story posted by Fortune today, reducing consumers' out-of-pocket expense for the popular device to as low as $199.
Apple Inc. may not publicly say "thanks" to its wireless partner, a researcher said, but it could hardly object. "Apple will be saying 'Okay with us if you want to increase our sales' to AT&T if they do this," said Ezra Gottheil, an analyst at Technology Business Research Inc.
Citing an unnamed source, Fortune claimed that AT&T will subsidize the price of new iPhones capable of accessing the faster 3G data network that the carrier is currently expanding in the U.S. AT&T's $200 rebate or subsidy would be limited to customers who sign a two-year contract; it would not be available through Apple, which also sells the iPhone.
AT&T to cut iPhone price by $200, says report 
AT&T to cut iPhone price by $200 
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