Wal-Mart has dropped the price of its 16GB iPhone 3GS from $199 to $97, available now. The price drop started earlier today as Wal-Mart is trying to get rid of their iPhone 3GS stock.
After the leak of the iPhone 4G hardware and steady releases of the iPhone OS 4.0 SDKs, consumers may be waiting for the next model or a price drop in the iPhone 3GS before purchasing a new phone. Wal-Mart is now the first major retailer to offer the iPhone 3GS 16GB, in black or white, for half the regular price. Wal-Mart is even offering the iPhone 3GS 16GB for cheaper than Apple Stores.
The special price discount requires consumers to sign a two year deal with AT&T, the iPhone's exclusive carrier. Wal-Mart is also selling the iPhone 3GS 32GB, in black or white, for $297; they are also offering the iPhone 3GS 32GB slightly cheaper than Apple Stores at $297, compared to $299.