Acco
rding to Business Week, AT&T is considering lowering the month cost of the monthly plan rates for the iPhone. "One plan that could be introduced as early as late May would include limited data access at a $10 monthly reduction."
The cost of the making the iPhone has been reduced and a new iPhone is going to be introduced in in June or July. There are rumors that there may be cheaper version of the iPhone. Price reductions could lure the fence-sitters.
The good news for those on other carrier's networks is that the competition may also reduce data plans and smartphone prices.