The latest rumor from BGR is saying that Apple will be releasing a new 4GB iPhone 3G, to be sold at WalMart store in US. The 4GB iPhone 3G will be priced at $99 and will also come with a 2 year contract. This isn’t 100% confirmed though but it will definitely further increase Apple iPhone share on the smartphone market if this is happening!

With a lower selling price and less built in memory, the $99 iPhone will still stick to AT&T network. It is not sure that if there will be new service contract package with lower monthly subscription fee together with this.

[Source BGR]