> iPhone 2 suggested retail price was $300 (~$425 in todays dollars) This was back when most phones were still carrier subsidized and required long term servic

> iPhone 2 suggested retail price was $300 (~$425 in todays dollars) This was back when most phones were still carrier subsidized and required long term service contracts. Per Apple's press release, the $299 pricing required "a new two year contract with AT&T". Unsubsidized price was about double. https://www.apple.com/newsroom/2008/06/09Apple-Introduces-the-New-iPhone-3G/ https://www.apple.com/newsroom/2008/06/09Apple-Introduces-th...