Apple Drops 3GS iPhone Price to $49

Apple released the iPhone 3GS during the summer of 2009, but it continued to be sold for $99 after the iPhone 4 was announced last summer. Radio Shack’s holiday deal last month also knocked $50 off the price of the iPhone 4, but prices for the current-gen smartphone seem poised to remain where they previously were for the time being.

Meanwhile, Verizon will host a media event on Tuesday, and the scuttlebutt from many, including the Wall Street Journal, is that the cell carrier will announce the addition of the iPhone to its lineup. 

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