How much was the 1st Gen iPhone?

[Prissy]

How much was the 1st Gen iPhone with contract when it first came out? do u guys think the next iPhone (8gb) will cost more than $199 wit contract?

 

[Whorehay]

the original iphone wasn't subsidized by at&t. it was something ridiculous like 499 for 4gb and 599 for 8gb.

 

[nickspohn]

June 2007: $499/4GB, $599/8GB

There will be no 8GB iPhone with this next release. (95% correct on this)

 

[ziggyonice]

I don't think the next iPhone will cost more than $199 w/ a two-year contract.
(Unless you get an iPhone with more storage space, of course.)

The iPhone will never again cost $499, like it did when it first came out. The reason why it originally cost so much is because it didn't come with a contract had a lower cost data rate. After the current version was released, AT&T subsidized the cost of the phone, meaning that the initial price was reduced but required a two-year contract in return.

 

[Warbrain]

I don't think the next iPhone will cost more than $199 w/ a two-year contract.
(Unless you get an iPhone with more storage space, of course.)

The iPhone will never again cost $499, like it did when it first came out. The reason why it originally cost so much is because it didn't come with a contract. After the current version was released, AT&T subsidized the cost of the phone, meaning that the initial price was reduced but required a two-year contract in return.

Uh...it still required a contract. All postpaid cell phones typically require a contract for at least 1-year, if not the 2-year standard. The only difference is that it wasn't subsidized, allowing at&t to offer lower data rates because they didn't need to recoup lost money they were paying back to Apple in order to subsidize the phone.

 

[iFerd]

My original 8 GB iPhone cost $599, and it still required a two year contract with AT&T at activation. Soon after, when the price dropped by $200, buyers at that price received a $100 credit for purchases from Apple.

 

[bytethese]

The original was $599 for the 8GB model, unsubsidized by AT&T but you still needed to sign a 2yr contract. About 2-3mo later the price dropped and Apple gave everyone $100 credits at the Apple Store to compensate us. After that the 8GB was $399 I believe.