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More retailers slice iPhone prices

iPhone4S.jpg

Following Sprint’s example, more retailers are cutting prices on the iPhone 4 and 4S due to the expected announcing of an “iPhone 5” in September.

For example, Target is offering the Verizon and AT&T models of the iPhone 4S for US$179. Best Buy has reduced the price of the 8GB iPhone 4 by $50, selling it for $49.

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