Apple

(Credit: Boy Genius Report)

Rumors first floated a month ago that there would be a magnetometer built in to the next version of the iPhone. Now there appear to be corroborating screenshots, which Boy Genius Report has obtained.

The images show a debugging menu with the option to “show in …

Originally posted at Crave

By Erica Ogg
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Apple

The Downward Spiral, the Nine Inch Nails album that caused Trent Reznor's big rant against Apple.

Well, Apple has finally approved an update to the official iPhone app for industrial-rock band Nine Inch Nails, after previously rejecting it due to objectionable content pertaining to the band’s 1994 …

By Caroline McCarthy
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Apple

digg_url = ‘http://digg.com/apple/AT_T_to_Cut_iPhone_Service_Plan_by_10′;

AT&T may slash the price of its iPhone service plan by $10 when a new version of the touchscreen smartphone is launched this summer, according to a story on TheStreet.com.

The article cited analyst Michael Cote of Cote Collaborative saying that there is a “strong possibility” that AT&T will drop the entry-level price of its service plan to $59 from $69. Apple is expected to unveil the latest iPhone on June 8 during the company’s World Wide Developers Conference in San Francisco.

(Credit: Apple)

AT&T declined to comment for this story, and Michael Cote did not respond to an e-mail request for an interview.

The price cut would likely help make the iPhone, which now retails for $200 with a two-year service plan with AT&T, more appealing to more mainstream customers. I’ve been saying for quite some time that the biggest hurdle to widescale adoption of the iPhone or any other smartphone in the mainstream market is the high price tag of the service contracts.

Consumers have shown that they are willing to pay anywhere between $100 and $200 for a sophisticated smartphone device. But the monthly service charge, which starts at $69 for the iPhone, is much harder to swallow.

It puts the real cost of the iPhone 3G over the life of the two-year contract at a whopping $1,856, which includes the price of the 8GB phone and 24 months of the most basic iPhone voice and data plan. It doesn’t include the activation fee or taxes and other fees associated with the account. For subscribers who need more voice minutes or unlimited texting, the price tag is even higher.

Still, a $240 reduction in the overall cost of the phone over the life of the contract could entice some cost-conscious consumers.

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Originally posted at News - Wireless

By Marguerite Reardon
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