During a Churchill Club meeting in Santa Clara, California, AT&T Inc. Chief Executive Officer Randall Stephenson was quoted saying that Apple Inc. will in fact, introduce an updated version of its iPhone in 2008 that will utilize AT&T’s 3G network. Not revealing any intimate details on release dates, he did mentioned that it would be Apple’s Steve Jobs who would dictate the updated pricing structure.
Mr. Stephenson continued on and spoke about the state of the industry which included various topics from consumer mind set, national security and an overall picture of what AT&T is doing in the near future to expand and cater to its subscribers.
For those of you who are not familiar with the Churchill Club, it is an exclusive forum that caters to discussions on technology, entrepreneurship, life sciences, business leadership and innovation. It was established in 1985 and was founded by the current publisher of Forbes magazine, Rich Karlgaard. Guest speakers of note have included Bill Gates, Bill Clinton and Robert Noyce.