Wal-Mart Slashes iPhone Price to $97
MAY 25, 2010
Chavon Sutton, CNN MoneyWal-Mart, the world's largest retailer, plans to slash the price of Apple's 16GB 3GS iPhone to $97 beginning Tuesday.
At $97, Wal-Mart's price slightly undercuts the $99 price tag several analysts anticipated for the remaining iPhone 3GS stock. When consumers get sight of a new iPhone model on the horizon, sales of the existing model typically falls off.
Read the story: money.cnn.com/2010/05/24
