In case you missed it, Apple will be selling iPhone 3G at Walmart stores from December 28th and its employees are already receiving training on iPhone activation.
Boy Genius Report claims that Apple might sell a 4GB iPhone model for only $99 with a two year contract at Walmart stores.
You might remember that Apple first introduced the iPhone in 4GB and 8GB models but had later discontinued the 4GB model and slashed the prices of the 8GB iPhone.
Apple currently sells an 8GB iPhone for $199 and 16GB iPhone for $299 with a two year contract. There are also rumors that Apple might introduce a 32 GB iPhone at Mac World 2009.
Analysts have speculated in a report that Apple could sell iPhone 3G for $99. Charlie Wolf of Needham Research had estimated that Apple could drop the subsidized price of the 8GB iPhone 3G to $99 and still manage a 42.3% profit margin:
"The financial expert estimates that the average, unsubsidized price of an iPhone 3G in the summer was $666 and so would give Apple a nearly 50 percent gross margin on each sale as well as a heavy subsidy from AT&T of $450. Both give Apple a large amount of space to adjust its price and could see the phone maker drop the price of an 8GB iPhone to $99 while still supplying a comfortable 42.3 percent margin...
Any such price drops would be potentially devastating to competitors in the market, according to Wolf. The analyst believes that a $100 cut in the iPhone 3G's advertised price could "double or triple" projected sales and quickly overtake most other smartphones on the market and leave only successful but "niche" smartphone manufacturers like Research in Motion, which produces the BlackBerry."
Steve Jobs had also suggested that Apple needs to be aware of a possible "price umbrella" below the iPhone that competitors may take advantage of.
However, BGR is not too confident of the report and advice that it to be taken with caution.
Will you buy a 4G iPhone 3G?
[via Boy Genius Report]
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yeahh ill buy it i had to sell my 3g for a car
i miss it so definitely would
Not a bad price, but 4 gigs won't ever be enough for me. Not even my 8 gig is, but I didn't have the cash to get a 16, which ironically, still wouldn't really be enough.
A 32 would be nice, but even if one came out I wouldn't get it for the price. I'd rather upgrade my laptop with the money instead.
sure, i'd buy a 4gb iPhone 3G. I don't have much music (well, really none at all), so 4GB would be plenty for me.
if iPhone become cheap $99 apple will lose profit costomer will get other smart phone
I would rather it be a 4gb first gen iPhone for $99 unsubsidized and I would have to be produced again with the 3g shell and no 3g or assisted gps that would truly satisfy Walmart shoppers palate. Me personally I have a 8gb 3g iPhone. I really wish that apple and AT&T weren't that greedy and gave this phone for free that would be awesome because I feel ripped off in my plan I have two iPhones 1 first gen and 1 second gen and I pay an average of $210 a month.
Gilberto….$210/month???!!! You're crazy…crazy I tell you. Wait until you have a wife and kids and start paying for a mortgage..you'll not want to pay that anymore.
Gilberto….$210/month???!!! You're crazy…crazy I tell you. Wait until you have a wife and kids and start paying for a mortgage..you'll not want to pay that anymore.
Where can I guy Genuine Apple iPhones at a reasonable price. Reasonable meaning not having to spend $650 or more on Ebay for them. I will need about 20 per month.
Hmm.. that'd be a nice deal if they did, but I'd probably pay up the extra cash for the 8GB one..
With all the Apps that are out I don't think the 4GB would be enough space for me. I have lots of music too.
"The financial expert estimates that the average, unsubsidized price of an iPhone 3G in the summer was $666…
OMG 666! APPLE IS SATANIC, THIS IS PROOF! ALL OF THEIR FIRST RELEASES (INCLUDING THEIR FIRST COMPUTER BUILT) WERE SOLD AT $666, THEY ARE SELLING THEIR SOULS TO THE DEVIL TO BE SUCCESSFUL, LIKE M$!
YOU HEARD IT HERE FIRST!
Don't buy an Apple at $99 or 99 cents! They will just find a way to drain you of ever penny possible. And if you decide not to follow their rules they will brick your Iphone.
It would be bad if it did everything the more expensive ones
It would be bad if it did everything the more expensive ones