Walmart will start selling the 16 gigabit iPhone 3GS for $97, Apple Insider reports.
According to the article, "Starting Tuesday, the lower capacity iPhone 3GS will cost roughly the same amount as Apple’s 8GB iPhone 3G. Earlier Monday, a new rumor suggested Apple could be discontinuing the iPhone 3G, which was originally released in 2008."
"According to CNNMoney, the new deal from Walmart still requires a two-year contract with carrier AT&T. The U.S. price reduction comes in advance of Memorial Day weekend."