In a previous article, we revealed a rumor from Boy Genius Report expressing the possibility of a $99 4GB 3G iPhone to be sold at Wal-Mart and Sam’s Club. This would have made a popular smart phone affordable for many; though its previously lowest capacity of 8GB would be sliced in half.
According to MacBlogz, the rumor is not accurate. One of their sources, who has been confirmed in the past, states that AT&T replies that this “is not happening”. MacBlogz presents this information with confidence, and says, “If this rumor [of a $99 iPhone] does come true, then we will be just as surprised as everyone else.”