In the ramp up to the official unveiling of the next-generation iPhone next month, megalithic big box retailer Wal-Mart is planning on slashing the price of Apple’s 16GB iPhone 3Gs to just $97.
That’s a $102 savings over the current price, and strongly implies that, next month, the 16GB iPhone 3GS will be AT&T’s new entry-level iPhone and cost $99 in locations across the country (Wal-Mart tends to undercut AT&T’s own prices by a couple of bucks).
To get the deal, customers will need to sign up for a two-year contract from AT&T. However, with talks of a Verizon iPhone hitting at the end of the summer gaining traction, it seems like a short-sighted move to sign up with AT&T before seeing what deals might result from an iPhone price war between two competing national carriers.