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Updated from 6:59 a.m. EDT
AT&T (T Quote) is considering a $10 price cut for the iPhone's monthly service plan when Apple (AAPL Quote) introduces the newest version of the phone next month.
There is a "strong possibility" that AT&T will drop the entry-level price to $59 from $69, says Cote Collaborative analyst Michael Cote, an industry pricing strategist. The announcement, he said, will probably accompany the launch of the new iPhone on June 8, during Apple's World Wide Developers Conference.
The price cut would underscore the pressure AT&T and Apple are under to boost iPhone sales. ...
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