iPhone 3GS Price Down Fifty Percent in Walmart

Wal-Mart Cuts Price of iPhone 3GSAccording to Yahoo! Finance, Wal-Mart has stated that it is cutting the price of one of the most popular phones in the world, the iPhone, in half. This has to be another sign that Apple is getting ready to unveil a new model of their successful device.

According to Wal-Mart, the 16 GB iPhone 3GS will be available for just $97 with a two-year AT&T contract starting from Tuesday. The current price of the mobile device is $197.

This price cut could be a signal that the retailers are clearing the shelves to make room for the new Apple smartphone, which prototype we saw in leaked information on blogs recently.

Apple has declined to comment anything on whether it is planning to sell the iPhone 3GS for less money, or planning to release a new iPhone.

The annual developer conference of Apple will kick off on the 7th of June, which is the same event that Apple unveiled the iPhone 3GS last year.

Source: Yahoo! Finance via Mobile Burn

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