Walmart is set to cut the price of the iPhone 4 to $114 on contract and the 8 GB iPhone 4 to $34. These are $54 and $74 price drops respectively, but it doesn't seem like many (if any) Walmarts have pulled the trigger on the new pricetags just yet.
Source: http://feedproxy.google.com/~r/TheIphoneBlog/~3/be-uTxEnQAU/story01.htm
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