$99 iPhone Arrives, But Not at Walmart

There was a News some days back saying the Iphone will be sold at Wallmart which was said by an Wallmart employee. Everyone were very eager to buy iphone at wallmart listening to that News. But Now check this out, how abt an iphone costing around 99$.

Now AT&T is knocking out refurbished 8GB iPhones at $99 apiece, and 16GB models for $199.

That AT&T is selling refurbs is nothing special -- both AT&T and Apple are veterans of the refurb game and some great bargains can be had. That Walmart's iPhone price is not $99, as some gullible people believed, is equally non-shocking.

But the fact that Walmart, a company known for squeezing every penny out of its suppliers, managed to knock Apple down just $2 is astonishing. We wouldn't be surprised if this discount is actually coming out of Walmart's pocket.

And even apple is very good at negotiation. Lets look forward and stay tuned.