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Wal-Mart to sell iPhone?

Stuart O'Brien
Wal-Mart to sell iPhone?

Report says US retail juggernaut will start selling the iPhone by the end of December.

A report on Bloomberg speculates that Apple may offer a discontinued 4GB version in Wal-Mart for $99. Apple currently sells two models in the US for $199 and $299.

It quotes Shaw Wu, an analyst for Kaufman Brothers, as saying: “A $99, Apple-branded cell phone is inevitable. One of the key things Apple needs to do to drive broader iPhone adoption is to build a more complete product line” with low- end, mid-range and high-end products."

Currently, the 8GB and 16GB iPhone is sold in the US by Apple, AT&T and Best Buy.

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Tags: apple , wal-mart , best buy , bloomberg , iPhone