In the past two years, Apple and AT&T have partnered on one of the most successful product launches in recent history by selling more than 17 million iPhones.
As the three-year anniversary of the iPhone is getting closer, AT&T is worried about the rising buzz for new competitors in the smartphone category.
The Blackberry Curve and the Palm Pre are getting rave reviews. Android-driven phones are slowly gaining market share and Nokia, as reported, is set to introduce 3 different touchscreen models this summer.
Its not surprising that analysts are speculating about an AT&T price cut amidst this rising competition among smartphones. Analysts think AT&T will cut the cost of the iPhone's monthly service plan by $10, from its current price $69 per month to $59.
If AT&T does so, it will cut $240 off the $1,656 cost for a two-year service plan for the iPhone.
Version 3.0 of the iPhone OS is scheduled for release during the upcoming Worldwide Developers Conference. There are widespread rumors that an updated version of the phone will be introduced.
Ten dollars may not sound like much of a price cut, but it could go a long way towards staying ahead of the rising number of iPhone competitors.
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