Starting June 24, the price of the iPhone 3GS, which began life at $199 (for 16GB) and $299 (for 32GB) will drop to $99 for the 16GB model. Even a hardened Apple follower like myself can't help but marvel at the fact that what was once an amazing device is now sitting on my desk looking at me dejectedly.
Yes, the iPhone 3GS introduced enough power to record video, a compass, voice control and a 3-megapixel camera. But with the iPhone 4 coming soon, the price of the 3GS will drop to $99 for the 16GB model just as previous models of iPhone dropped in price when a new model came along. This appears to be the only model of 3GS that will soon be available, with the iPhone 4 available in 16GB and 32GB configurations. If you're a bargain hunter and you don't need all of the new features announced today, mark your calendar accordingly.
The iPhone 3G will no longer be sold via Apple or AT&T once the iPhone 4 launches.