iPhone 4 Now $49 at Best Buy

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Best Buy (NYSE: BBY) is now selling an Apple (Nasdaq: AAPL) 8GB iPhone 4 for $49.99, with a two-year contract, AppleInsider reported. The new price is about half the regular $99 price.

The new price is for the AT&T compatible model and the Verizon and Sprint compatible model.

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