First, our take then we'll let you read the story.
Ain't gonna happen. Tim Cook specifically said in the last earnings call when asked about the $99 iPhone. "We don't make the cheapst phones, we make the best phones." That being said, there were a few times already where AT&T was selling $99 iPhone. Plus there are going to be a boatload of cheap iPhone 3Gs on the market when the next version is released (ours being some of them). That isn't the point. Whether the iPhone is $99 or $199, isn't really significant to consumers' pocketbooks (mindset is another matter). AT&T will bill you the $100 difference in little over a month into your 2 year contract.
With that in mind, SAI quotes RBC analyst Mark Abramsky who states:
Apple will start selling a chea