AT&T Loophole Provides a Free Phone

Pay for your iPhone using a loophole when signing up for new service.

Usually when you buy a subsidized handset, there is a penalty when you upgrade early, but as the iPhone is not subsidized, adding one to an existing plan incurs no such fee.

To use an example from PhoneNews.com, if you buy a Nokia N75 from Amazon on a two year contract, it'll cost $20 (minus a $25 mail-in rebate). Go grab an iPhone, activate it and add it to the AT&T plan. That's it.

Link (via Wired Gadget Lab)

AT&T Profits Rise Despite iPhone Disappointment

With all the hype of the iPhone, activations fell short of the expected 250,000+ depending on analyst. We'll see as all of the eBay activations start to come in and what happens in the ensuing months.

AT&T Inc. on Tuesday posted a higher-than-expected quarterly profit on strong wireless subscriber growth, but failed to excite investors as the first two days of iPhone sales fell short of forecasts.

AT&T, the sole U.S. service provider for Apple's first phone, said it activated 146,000 iPhone subscribers in the first two days after launch on June 29.

Link