Walmart annouced today that it would drop the price of the iPhone 4 from $197 to $147. Today, Apple also unveiled tons of new features of iOS 5.0 along with iCloud and iTunes Match at its annual conference, WWDC. The promotion applies for both the white and black versions of the iPhone 4, as well as the AT&T and Verizon editions. To obtain the promotion, you must be eligible for an upgrade or willing to purchase a new two year contract. Walmart stated that this deal will run through June 30
There are several plausible reasons for the discount.
Unwired View
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