Apple and Cingular came out with a press release early this morning with the iPhone data plan prices. All I can say is WOW that’s cheap!

Briefly, here’s the breakdown.

• $60/month for 450 minutes, unlimited data, 200 text messages
• $80/month for 80 minutes, all the rest as above.
• $100/month for 135o minutes, all the rest as above
• a family plan for $80/month

Man! Now I really want an iPhone! For minutes plus data on Verizon Wireless, who I have now as my carrier, it would be $80 for me alone – not counting my wife’s phone! Verizon is such a rip off and Cingular is raising the bar in terms of expectations on data plan prices.

I’m excited for anyone who takes advantage of this mobile data package.

Hello Verizon Wireless are you listening!? Probably not.

Here is more detail