Best Buy Selling the iPhone 4 for Just $49.99 on New Contract

Electronics retailer Best Buy has discounted the iPhone 4 by half price, now selling the handset for $49.99 on its website when activated on a new 2-year contract. Up until this point, Best Buy has been selling the iPhone 4 for $99.99 on contract, although this new $49.99 price point appears to be permanent as the handset enters its third year of availability.

Apple recently announced its financial earnings results for the past quarter, revealing iPhone sales that missed analyst predictions by nearly three million units. Apple attributes the slowdown in iPhone sales, at least partially, to rumors and speculation suggesting that the Cupertino-based company will release a new iPhone in the Fall that is both taller and thinner in design.

[AppleInsider]

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