iPhone News Updated

Wal-Mart Cuts the iPhone Price to $97

Wal-Mart Cuts the iPhone Price to $97

Wal-Mart must be serious about those price rollbacks, and not just on produce. Starting on Tuesday, a 16 GB iPhone costs $97 with a two-year AT&T contract or qualified upgrade at more than 1,800 Wal-Mart stores.

The price cut suggests that a new model of the iPhone will be revealed at the Apple developers conference next month in San Francisco, prompting retailers like Wal-Mart to clear out the old model to make room for the new.

Apple did not respond to an e-mail inquiry on the subject. Melissa O’Brien, a spokeswoman for Wal-Mart, said, “We have no information on when the new iPhone is coming, or the price.”  She added, “We lower the prices on products to deliver savings to our customers when we can, as fast as we can.”

Asked what made it possible to drop prices at this time, she said,  “Pricing strategies and discussions are just something we don’t share publicly.”

Photographs of what appeared to be that new model appeared online at the technology Web site Gizmodo last month.  That phone was left behind at a bar by an Apple employee, said Gizmodo, which paid $5,000 for the presumed prototype. The incident has prompted a legal inquiry in California.

[Thanks: http://gadgetwise.blogs.nytimes.com]

Comments are closed.