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AT&T to Offer iPhone 3GS for $49, Plus Unfortunate AT&T Contract

iphone 3gsWith Verizon poised to take a big bite of its smartphone market share, AT&T has decided to slash the price of the iPhone 3GS. The company is currently selling the smartphone for $99, but, beginning Friday, both new and existing customers will be able to purchase it for just $49. (The iPhone 4 is still selling for $299.) The obvious downside, however, is that buyers will be locked into a two-year plan... with AT&T.

Tags: Apple, ATT, cellphones, iphone, Iphone3gS, offer, price, smartphone, top, Verizon