Walmart Cuts Price of iPhone 3GS in Half to $97

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Walmart has just cut the price of the iPhone 3GS to $97. This is making headlines everywhere, as it seems to be a strong indication that the iPhone 4G will be unveiled by Apple very soon. Business Insider reports:

Walmart has cut the price of Apple's 16 GB iPhone 3GS by $100 -- to $97, from $197 -- as Apple prepares to launch a new version of the iPhone in a few weeks.

Yesterday we noted that Apple was probably killing the $99 iPhone 3G. It would make sense that it would replace the $99 iPhone 3G with a $99 iPhone 3GS, which has more power, memory, storage and faster Internet access.

We thought Apple would wait until it had a new iPhone model on the market before slashing prices, but apparently Walmart has the green light to do it early. (It's unlikely Walmart would do this without Apple's blessing.) The new iPhone should be out by mid-June.



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