Something to consider if you are thinking about purchasing an iPhone sometime in over the next month and a half.

Originally posted on Gigaom:

All signs point to a new iPhone as being just around the corner. The latest one comes from retailers: Best Buy(s BBY) and Target(s TGT) are dropping the price of iPhone(s AAPL) models, according to AllThingsD. Target is now selling the 16GB iPhone 4S for $179 with contract (a $20 price cut) and Best Buy is selling the older 8GB iPhone 4 for $49 with contract ($50 off). This follows Sprint’s (s S) move last week to drop the iPhone 4S to $149 with contract.

Now, it’s not particularly newsworthy that national retailers are offering a discount to make a sale. Nor is it unusual that they’d do it knowing (or making an educated guess) that a new model is going to replace the units filling up their store shelves their backrooms in September or October.

What is interesting, however, is that Apple has been reportedly joining in by quietly…

View original 231 more words

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