According to analyst Michael Cote, an industry pricing strategist, AT&T is considering cutting the cost of the iPhone monthly service plan by $10. Cote says there is a "strong possibility" that AT&T will drop the entry level price from $69 to $59.
If the price drop does occur, expect it to come on June 8th during Apple's WWDC where many speculate Apple will introduce a new iPhone. Apple and AT&T are looking for new ways to boost iPhone sales and a price cut could help the companies target potential customers who felt the plans were too expensive.
[The Street via Mac Surfer]
