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A $99 iPhone?

Wal-Mart is rumored to be getting into the iPhone business, perhaps selling the gizmos for $100 cheaper than our local company (and everyone else) now does.
By David Brauer

Ruh-roh for Best Buy: Wal-Mart is rumored to be getting into the iPhone business, perhaps selling the gizmos for $99, PaidContent reports.

The locals started selling the phones in September, to great fanfare. Will the price come down for everyone — or at least everyone who still has cash?

Update: It’s another thing for Best Buy to worry about; the New York Times profiles the “skittish” retailer here.