Bloomberg: Wal-Mart to Sell iPhones Later This Month

No word on pricing, but they quote often-wrong analyst Shaw Wu endorsing the “$99 4 GB iPhone only at Wal-Mart” rumor that Boy Genius Report published last week.

That seems unlikely to me. iPhone and iPod storage capacities tend to go up, not down, over time. Apple hasn’t sold 4 GB iPhones since last summer. And the difference in terms of component costs between 8 and 4 GB of flash memory is not $100 — Apple would make less profit on each one sold. My guess is that Wal-Mart will be selling the same 8 and 16 GB iPhones as everyone else, but for like $197/297 instead of $199/299.

★ Monday, 8 December 2008