Not the annual inflation rate; the actual total inflation from 2007 to 2008, which includes both CPI price increases and purchasing power decreases. It is approximately 8% (not "over 9").
You said that "considering that $1400 last year is $1530 today"
That's a $130 rise. $130 is 9.29% of $1400. 9.29% isn't the inflation rate.
And really, since when do mobile phone rates increase annually with inflation? I know that mine never has... And we're not seeing any other price increases from AT&T in its other plans or from other vendors, which should be the case if this is in any way related to inflation. Over time tech prices generally go DOWN. Yes, new shiny things cost more, but phone plans, internet plans, wireless data plans, etc. all get cheaper by the numbers over time. This year, this particular iphone plan is taking a huge jump. $20/month to $35/month for the same plan. Now that's a 75% increase, which well outpaces even your inflation numbers.
Sure, the phone itself is cheaper, but that's the lure. Steve didn't say: "The iPhone is now $199 and we've moved the rest of the cost into the mandatory service plan!" He said that they were making the phone more affordable, which it isn't.
Yes the US economy is in the dumps, but inflation isn't over 9%. In fact, the US economy is in the dumps because of people buying things that they cannot afford - and because companies convince them to do so. Apple didn't used to be in that game, now they are. That's the issue.
I don't doubt that this new iPhone can be a good deal, even a great one given all it can do. But I also don't think we need to go out of our way to justify higher service plan prices due to inflation. Although it would've been hilarious if Jobs had tried to explain it that way...