I'm glad reality kicked in for all of you. I was just sitting there going
Sure, they cut the cost of the phone but the bill goes up. Also, like Nascar mentioned, there's no need for it when you have your tablets with you almost 24/7. I've been known to use it as a pillow at times when I randomly crash on it while studying -- oh the great massive dfjjfjisdjijdljilsjsdi line that shows up when I wake up. Anyways, go with a more sensible phone. Accumulating big debt b/c of medical school is no reason to go out and splurge left and right over something one may consider to be "not bad" ... all expenses add up, especially when you accrue interest.
here's a good article explaining the finances of owning a new iphone from CNN
http://scitech.blogs.cnn.com/2008/06/11/iphone-3g-not-so-cheap-after-all/
iPhone 3G not so cheap after all
Posted: 12:31 PM ET
My initial excitement over the cheaper, faster
iPhone quickly faded when I learned that the new low price is somewhat deceptive.
While the price seems to have dropped, do the math before you go the iPhone 3G route.
While its true that the device itself will cost $199, actually using the thing would become a significant monthly expense. In fact, the
AT&T press release states that data plans for consumers will be available for $30 per month, in addition to voice plans starting at $39.99 per month. Bottom line: $69.99 per month if youre going to use both internet and voice features. Thats a $10-per-month increase from the iPhone plans that have been in effect since last July. Business customers will have to pay even more: $45 per month on top of the voice plan.
Again, AT&T is the only carrier you can use with the iPhone 3G, and you must sign up for a two-year contract. And dont forget these prices dont include tax.
Lets think about this: would you rather get an iPhone now for $399 and pay $59.99 per month, or wait until July and pay $199 for the iPhone 3G with the $69.99 per month plan?
After two years, you will have spent $1838.76 on the slower, more expensive iPhone with the cheaper plan and $1878.76 on the cheaper, faster iPhone with the more expensive plan. At the end of the day, the iPhone 3G is actually $40 more expensive. Regardless of the $200 price drop on the product itself, each iPhone customer is paying more than $1800 in usage fees. And thats a lot of money no matter how you look at it.
The bottom line is that the total price for owning and using an iPhone for two years isnt going to change much at all with the new iPhone 3G.
Why is this happening? Apparently AT&T and Apple have changed their business relationship so that they dont share revenue anymore. The cost of the device itself is getting subsidized, and the cost of the monthly plan is going up.