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New iPhone 4 8GB Now $50 at Best Buy

By - Source: AppleInsider | B 25 comments

Apple may be making room for the upcoming iPhone 5.

Looks like Apple is cleaning house, making room for the new iPhone 5 that's rumored to arrive by the end of September, as Best Buy is now offering the 8 GB iPhone 4 for a meager $49.99 USD with a new two-year contract. That's half off the regular price of the previous $99.99 tag.

As Apple Insider points out, the electronics retailer does not indicate the price reduction as a limited-time sale -- it appears to be the new, permanent listing. The reduction seemingly arrives immediately after Apple announced that it sold only 26 million iPhones in the June quarter, representing a 28-percent growth over the same period one year ago.

On Tuesday Apple executives indicated during their quarterly earnings conference call that the "disappointing" quarter results could be due to rumors that new hardware is on the way. The price drop may not only be attributed to the possible upcoming iPhone 5, but to push more iPhone 4 units off store shelves and generate a better September quarter.

Best Buy is currently listing the white and black 8 GB iPhone 4 model for AT&T (GSM) for $49.99, and the CDMA version -- also in white and black -- for Verizon Wireless and Sprint at the same price. The retailer is also offering refurbished versions for the same price -- these may be pulled altogether. As previously stated, customers can take advantage of the new low price by signing a new two-year contract with their respective carriers.

 

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  • 21 Hide
    tomfreak , July 28, 2012 12:12 AM
    with a new two-year contract.

    Dont u think u miss this part on the title?
  • 20 Hide
    azathoth , July 28, 2012 12:27 AM
    Quote:
    That's half off the regular price of the previous $99.99 tag

    so, With the contract, $1659.99 is half price of$1699.99? I can't stand advertising like this.
  • 12 Hide
    xanagu , July 28, 2012 12:13 AM
    icrap4 is shit now and in two year contract its only getting shittier
Other Comments
  • 9 Hide
    math1337 , July 28, 2012 12:01 AM
    I was hoping it was an off contract price. If it was, I would pick one up just to play with, even though I'm a solid android user.. As it is now, there are better droids for that price.
  • 21 Hide
    tomfreak , July 28, 2012 12:12 AM
    with a new two-year contract.

    Dont u think u miss this part on the title?
  • 12 Hide
    xanagu , July 28, 2012 12:13 AM
    icrap4 is shit now and in two year contract its only getting shittier
  • 5 Hide
    freiheitner , July 28, 2012 12:18 AM
    I think there are few markets where a 28% year over year growth can be seen as disappointing. I also think many electronics makers would LOVE to sell 26 million units of a single product in one quarter. Sheesh!
  • 20 Hide
    azathoth , July 28, 2012 12:27 AM
    Quote:
    That's half off the regular price of the previous $99.99 tag

    so, With the contract, $1659.99 is half price of$1699.99? I can't stand advertising like this.
  • -8 Hide
    AndrewMD , July 28, 2012 12:40 AM
    Azathothso, With the contract, $1659.99 is half price of$1699.99? I can't stand advertising like this.


    Okay, so you are good at adding up the total cost of the phone with the monthly service costs for two years, what's your point? No matter what phone you have, the service plan cost will be the same.

  • 0 Hide
    AndrewMD , July 28, 2012 12:45 AM
    xanaguicrap4 is shit now and in two year contract its only getting shittier


    And for people that would like to use the "iCrap4" that is their right and their money. You my friend are not being forced to buy this phone or any phone. I feel really bad for you... that you think all those people have to get authorization from you before they spend their hard earned money on something they want...

    Let's make a deal when you go to the store, you buy what you want, and you let the other person buy what they want. Can you handle that? If not, I have a great doctor for you to see.
  • -3 Hide
    superp , July 28, 2012 1:13 AM
    and yet, they still make money...
  • 5 Hide
    confish21 , July 28, 2012 1:21 AM
    best buy.... eww
  • 3 Hide
    gamebrigada , July 28, 2012 1:30 AM
    Someone isn't doing their homework. Radioshack has had that price since june 1st. Not to mention 50 dollars off all Iphones.
  • -1 Hide
    zloginet , July 28, 2012 3:30 AM
    AndrewMDAnd for people that would like to use the "iCrap4" that is their right and their money. You my friend are not being forced to buy this phone or any phone. I feel really bad for you... that you think all those people have to get authorization from you before they spend their hard earned money on something they want... Let's make a deal when you go to the store, you buy what you want, and you let the other person buy what they want. Can you handle that? If not, I have a great doctor for you to see.


    Sounds more like your the person in control....
  • 6 Hide
    AznCracker , July 28, 2012 3:39 AM
    I saw the iPhone 4 for free in Toronto. With a THREE-year contract of course LOL
  • 1 Hide
    dan4patriots , July 28, 2012 3:39 AM
    its been at $49 at best buy for a good while already
  • 1 Hide
    itsmylifeboss , July 28, 2012 11:37 AM
    its ok
  • 0 Hide
    ilysaml , July 28, 2012 11:51 AM
    What does "a 2-year contract" mean?
  • 1 Hide
    bigmattwithagun , July 28, 2012 12:27 PM
    this is incredibly inaccurate reporting. the 1st week of may 2012, so approximately 14 weeks ago, my dad picked up an 8gb iphone 4 (not 4s, just a regular 4) for $49. thats when the price had dropped at best buy. why toms is saying it just dropped now, i have no idea.

    i hate seeing this kind of misinformation - who checks facts around here?
  • 1 Hide
    del35 , July 28, 2012 2:26 PM
    Thanks but no thanks. I think I will go with a smart phone instead.
  • 0 Hide
    kawininjazx , July 28, 2012 2:37 PM
    My mother-in-law just got an iPhone 3 for $.99 on contract, now it's cut off from iOS 6, lol. Enjoy your paper weight. I just flashed my two year old Droid X with an ICS ROM and the thing works better than brand new.
  • 0 Hide
    face-plants , July 28, 2012 4:03 PM
    ilysamlWhat does "a 2-year contract" mean?


    It means that you get the phone for $50 but if you decide to cancel your cell phone plan or stop paying within the next 2 years (long after the phone is way outdated) you'll have to pay a huge penalty that more than makes up for the seemingly low price of the phone originally.

    "The retailer is also offering refurbished versions for the same price..."
    Anyone pick up on this line? WTF Who'd want a used phone that likely has less of a factory warranty on it for the cost of a new one? Nice work Best Buy.
  • 0 Hide
    del35 , July 28, 2012 11:05 PM
    Apple can't stop milking its moronic iCashcows.
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