Walmart drops iPhone 4 price to $147
Walmart has dropped the price of the 16GB iPhone 4 in both colors to $147, a $50 drop from their normal price. The sale price is only good with new line activations or eligible upgrades and a 2-year contract on either the AT&T or Verizon network. Although the price is listed online you must go to a Walmart store to purchase a phone.
A price drop of this type likely will begin a swirl of rumors that the iPhone 5 is imminent. So far, however, there are no indicators that we will see the iPhone before the fall. After yesterday's announcement about iOS 5 at the Worldwide Developers Conference, I think we can expect iOS 5 and the iPhone 5 to launch concurrently. Most analysts and bloggers are saying that release will be in September.