Whither the cheap, low-capacity Walmart iPhone? MacRumors' Arnold Kim now anticipates that Walmart will be offering 8GB iPhones for $197, with no mention of smaller capacities or lower prices. The price is two bucks cheaper than at an AT&T retail store.
MacBlogz's Aviv Hadar mentioned late last week that their sources at AT&T said a 4GB model was "simply not true."
The original story, from BoyGeniusReport, was treated with a heavy dose of skepticism even from them, as the source wasn't one of their usual fonts of reliable information.
In related news, the San Jose Mercury News notes that Bay Area Walmart stores may begin carrying iPhone handsets before Christmas, citing employees and managers at those stores.
Otherwise, expect the devices to go on sale December 28.