3 Gig Apple iPhoneA wise man once told me that nobody gives anything away for free and you know, he was right. Looks like the cheaper $199 3 Gig Apple iPhone isn't as cheap as it was being claimed. An article on CNN yesterday broke down the costs between the two iPhone plans and you aren't saving any money with this version. The 3 gig iphone is $200 cheaper to buy than the 8 gig version but you have to sign a 2 year service plan.

"The monthly plans for an iPhone 3G now start at $69.99/month ($30-data, $39.99-voice). Additionally the 200 text messages a month that use to be part of the EDGE data plan are now gone. Add those back in, and you'll need to tack on another $5 to your monthly bill or $20 for unlimited texting.

Total cost of ownership for the old 8GB iPhone: $399 (phone) + $1439 (2yr plan @ 59.99/month) = $1838.76

Total cost of ownership for the new 8GB iPhone 3G: $199 (phone) + $1679.76 (2yr plan @ 69.99/month) = $ 1878.76 "

Nobody ever gives anything away for free and if it looks to good to be true, it probably is.

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