Wal-mart slashes iPhone price
Oh, Wal-mart. I see what you did there.
Wal-mart is slashing the price of the Apple iPhone, 16GB 3GS down to $97. It is expected that the much leaked next generation of iPhone will be unveiled next month. This is a strategy to clear out Wal-mart’s inventory of the outdated models. For those of you who don’t know the normal price of an iPhone, this is a little over $100 off the list price.
To get this deal, you must buy a 2-year contract with AT&T. Apple sold 8.3 million iPhones last quarter.
Apple considers the leak of the next generation damaging. They claimed some would wait for the next gen rather than purchase the current products on the market. That happens anyway, though.