Walmart is set to cut the price in the Apple iPhone 3GS 16GB by more than half to only $97 when bought with a two year contract.
Businessweek says that the move is yet another confirmation of Apple’s impending release of a new mobile phone as it slashes the value of existing stock.
The iPhone 3G is currently available from Apple for $199 and from Walmart for $197. The announcement comes a few weeks prior to the next iPhone 4G is expected to be released in the annual WWDC.
The developers’ conference, which starts on the 7th of June, will focus on mobile applications, according to this year’s theme, a “Universe of Apps” and last year’s iPhones were also announced at the exact same event.
Apple is also probably to phase out completely its entry level 8GB iPhone 3G, the last remaining member of its second generation family. From June this year, the iPhone 3GS is probably to become the new entry level as the iPhone 4G is introduced.
Apart from the simple fact that the iPhone 3G is no longer competitive with several current competitors sold on the exact same selling price degree, there’s also the simple fact that it will not support one of the iPhone OS 4.0′s primary feature, the capacity to multitask.