Best Buy has started to offer the older iPhone 4 for a budget $50 with a two-year contract in anticipation of the release of the iPhone 5.
Prices for the iPhone 4S and the iPhone 4 have been steadily dropping – carriers have been slashing their prices, and the devices are starting to lose their resale value – but we did not expect such a gracious discount on the iPhone 4 so soon. Those individuals that are looking to pick up an iPhone 4 on the cheap need only go to their local Best Buy, where the retailer is offering the $599 8GB phone with an instant $500 discount.
That $500 discount comes with an additional savings of $50, putting the iPhone 4 at ridiculously low price of $50. That price guarantee could afford you an iPhone 4 for cheaper than the cheapest iPod Touch.
The only stipulation to the deal is that you sign a 2-year contract, so if you are planning on picking one up expect that.