AT&T has not yet set a price for the new version of Apple's iPhone, according to AT&T's chief financial officer.
"There's not been a product announcement. There hasn't been any pricing decisions made. That's yet to come," CFO Rick Lindner told the Reuters Global Technology, Media and Telecoms Summit in New York.
Linder said AT&T, has more than 2.5 million iPhone customers, with the average subscriber paying close to $100 a month on services after spending as much as $500 for the phone.
"It comes down to economics, how many units you think you can sell at different price points," Lindner said. "That's how pricing is determined on just about any device."
As the exclusive carrier of the iPhone, AT&T has said it anticipates a next-generation iPhone that operates on faster, 3G networks in the coming months.
Dan Hesse, Sprint Nextel's CEO, and other executives at the company have been promoting the Instinct, a touch screen phone developed with Samsung that will be able to surf the Internet at faster speeds than the original version of the iPhone. The Instinct is set to launch on June 20.
"There's not been a product announcement. There hasn't been any pricing decisions made. That's yet to come," CFO Rick Lindner told the Reuters Global Technology, Media and Telecoms Summit in New York.
Linder said AT&T, has more than 2.5 million iPhone customers, with the average subscriber paying close to $100 a month on services after spending as much as $500 for the phone.
"It comes down to economics, how many units you think you can sell at different price points," Lindner said. "That's how pricing is determined on just about any device."
As the exclusive carrier of the iPhone, AT&T has said it anticipates a next-generation iPhone that operates on faster, 3G networks in the coming months.
Dan Hesse, Sprint Nextel's CEO, and other executives at the company have been promoting the Instinct, a touch screen phone developed with Samsung that will be able to surf the Internet at faster speeds than the original version of the iPhone. The Instinct is set to launch on June 20.
[AT&T]
