Walmart drops the price of the 16GB iPhone 3GS to $97

Imagine that, but apparently there are now more hints that we are on the verge of yet another new iPhone launch as Walmart looks to be clearing its stock of 16GB iPhone 3GS models. Walmart reduced the price of the model from $199 to $97 with a 2-year agreement which can easily make it  one attractive offer for anyone looking to own the smartphone. However, there will be others who will be torn with the knowledge of an eventual new iPhone model in the horizon. Just as we reported earlier about how AT&T was phasing out the aging 8GB iPhone 3G model, this new move could seemingly signal its replacement with the 16GB iPhone 3GS taking up its post. Walmart isn't a stranger when it comes to rolling back prices on certain products as they continue to set the pace for the price war in the retail landscape. In addition, they sell a decent amount of units as they were able to sell approximately 8.3 million iPhone in their last quarter – which is actually twice the amount versus the same period a year ago. Walmart's senior category direction for wireless, Mehrdad Akbar, said that “It is our commitment to always lead on price.” Anyone purchasing the smartphone won't be disappointed as Apple will continue to develop and support the handset in the near term.

Apple iPhone 3GS Specifications | Review

source: CNN via Engadget