There have been rumors about an iPhone 3G cracking the $100 price point. Some mused that Wal-Mart would offer the phone for less than a C note. Nope. The $99 price comes directly from AT&T on their web site. There is one catch. The unit is refurbished
. And the offer requires a 2-year contract. And it is the 8 GB model that you receive for this price. AT&T previously offered refurbished iPhones with a $50 discount but now there are additional $50 off until the end of the year.
The lowest price for a new
iPhone is currently $190 for an 8 GB model offered by Best Buy for a limited time.