Target is discounting the cost of the iPhone 4S and iPhone 4 at its stores by US$50, following an earlier price promotion in March, reports “CNET.”

The 16GB iPhone 4S is being offered for US$149.99, while the iPhone 4 is selling for $49.99, both with the standard two-year contract.
This is an in-store promotion only. The Target Web site lists the 16GB iPhone 4S at its usual price of $199.99.

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