AT&T to sell iPhone without contract for $400 more

http://biz.yahoo.com/ap/080701/tec_at_t_iphone.html

Two new models of iPhones go on sale July 11 for $199 and $299, depending on the amount of memory, with two-year AT&T contracts. The no-contract versions will cost $599 and $699 and will be sold sometime "in the future," AT&T said.