“AT&T Inc. said Tuesday that the latest version of Apple’s iPhone will go on sale July 11 and that the company will eventually let customers buy the handset without signing an annual contract,” Jeffry Bartash and Dan Gallagher report for MarketWatch.
“New or current customers of AT&T who are eligible for an upgrade would be able to buy an iPhone for $199 to $299 with a two-year contract, as the company previously announced. An activation fee ranging from $18 to $36 would apply,” Bartash and Gallagher report.
“AT&T also said it would sell the iPhone without a service contract at some point in the future, though customers would pay a much steeper price: $599 for the 8-gigabyte version and $699 for the 16-gigabyte model.
The company did not specify when that option would become available,” Bartash and Gallagher report. “Shares of Apple jumped more than 3% by early afternoon.”
Full article here.