If rumors hold true, expect the demand and sales performance of the iPhone to increase. According to some sources, AT&T will be announcing a new $59.99 plan as the new minimum service plan you need to sign-up for when buying the new iPhone.

That’s $10 cheaper than the current $69.99 plan allowing you to save $240 on a 2 year contract. Of course, this isn’t confirmed just yet, but with AT&T and the iPhone set to face stiff competition from Sprint and their Palm Pre, this strategic move will most likely play a vital role for them to win the battle.

(Source) PMP Today

Tags: At&T, cheaper iphone, iPhone, Palm, sales performance, Sprint, stiff competition