toggle

AAPL Stock: 123.13 ( -0.25 )

Printed from http://www.macnn.com

On-contract iPhone 4 drops to $50 at Best Buy

updated 10:55 am EDT, Fri July 27, 2012

Retailers try to clear out stock ahead of sixth-gen phone

Best Buy has dropped the price of the iPhone 4 at its US online store to $50 with a two-year contract. The change applies to models for all three major iPhone carriers, namely AT&T, Verizon, and Sprint. It also appears to be a more permanent discount, unlike the sales some vendors have held during the past few months.

The retailer is likely trying to clear out stock of the phone in the run-up to the launch of a sixth-generation iPhone this fall. A number of third-party vendors have adopted a similar strategy in the past, since older Apple devices tend to drop rapidly in popularity after new models go on sale, even when there are major cost advantages. The iPhone 4 may soon take the place of the iPhone 3GS, Apple's cheapest iPhone, which is already free on contract; that model will likely be discontinued entirely.




by MacNN Staff

POST TOOLS:

TAGS :

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

Follow us on Facebook

toggle

Most Popular

Advertisement

Recent Reviews

15-inch MacBook Pro with Force Touch

Apple's 15-inch Retina MacBook Pro continues to be a popular notebook with professional users and prosumers looking for the ultimate ...

Typo keyboard for iPad

Following numerous legal shenanigans between Typo -- a company founded in part by Ryan Seacrest -- and the clear object of his physica ...

Entry-level 27-inch Retina iMac

The 27-inch Apple iMac with 5K Retina display is already one of the best value-for-money Macs that Apple has ever released. It was som ...

toggle

Most Commented