Walmart Slashes Apple iPhone 3GS Price; 4G Coming

From CRN: With Steve Jobs and Co. purported to be prepping to unleash the fourth-generation Apple iPhone on the gadget hungry masses, Walmart is slashing the price of its predecessor with Freddy Krueger-like precision, reducing the price of the 16 GB model of the iPhone 3GS to under $100, according to CRN Money.

Walmart's attractive $97 iPhone 3GS price tag is a $100 savings on the original price of a 16 GB Apple iPhone 3GS, which was released last summer. The catch: to get the deal a new two-year service contract with AT&T is required.

Walmart's Apple iPhone price paring comes as the world expects Apple to announce the fourth-generation version of its now iconic smartphone at its Worldwide Developers Conference (WWDC) June 7 to June 11 at the Moscone Center in San Francisco. Apple revealed this week that its top dog Steve Jobs will keynote WWDC 2010.

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