Walmart Drops iPhone 4 To $147 In Select Stores

Walmart on Tuesday announced that various stores had dropped the price of the iPhone 4 16GB version to just $147, slightly more than a 25% drop from the phones original $197 pricing structure.

The new pricing is available through June 30 and applies to both the black and white models of the phone. Our own Kim LaCapria picked her device up from a Walmart just outside New York City and she learned that it was the last white version of the product at that location which means they are going fast.

The offer “available only in select stories” requires a new AT&T or Verizon two-year contract and it is not available through the retail giants website.

It’s still unclear why Wal-Mart dropped the devices pricing, however with WWDC kicking off Apple hasn’t announced any price drops of their own.