iPhone Price Drops in Walmart Stores

It seems that a lot of companies are preparing themselves for the launch of a new iPhone. In fact, we have previously covered a few German telecommunication companies taking orders for the upcoming iPhone even when there were no announcements made by Apple yet. In the United States, a few companies are planning to clear their stocks of the current iPhone 4S and Walmart is one of them.

The fifth generation iPhone or the iPhone 4S has had its price knocked $50 from $198 to as low as $148 for the 16GB version of the device. This price comes with a 2-years contract with either AT&T, Sprint or Verizon which are the major players in the market. This move puts Walmart with the likes of Best Buy, Target, Radio Shack and Sprint as these retailers have already reduced the price tag of the iPhone 4S.

As mentioned before, this action was done to clear the stocks and to make way for a new device. The next generation iPhone or the iPhone 5 as a lot of people have called it is expected to be announced on September 12. There has yet to be any official news from announcement from Apple about its launching date although there are already a lot of rumors surrounding the device.