updated 08:45 am EDT, Fri September 25, 2009
8GB iPhone to cost $300 up front
The latest report on the Chinese iPhone launch suggests the device will be offered for a meager sum of 126 yuan (~$18.45 USD) per month with the most affordable plan and a two-year service contract, according to the Xinhua News Agency. The information allegedly comes from an unnamed insider at China Unicom.
The source contradicts a report earlier this week that claimed the iPhone would be offered with contracts starting at $27 per month. Both sources appear to have provided similar information regarding the price of the device itself, which is expected to cost somewhere around $300 for the 8GB 3G model.
The carrier reportedly anticipates sales to reach approximately five million units over three years. The initial deal has been established with the country's second largest carrier, although the relationship is not exclusive.
China Unicom will allegedly launch Apple's handset sometime after the local National Day holiday which runs until October 8th. [via Fortune]