Boy Genius reports that a 4 gigabyte iPhone will be coming to a Walmart soon for $99 with a two year contract.. He has an interesting way of evaluating sources,
" We're not putting our stamp of approval behind this one just yet as the tipster isn't listed in our BGR's Guide to respected Ninjas handbook...Just don't hate us if this doesn't happen, we warned you."
Rumors are rumors until they actually happen.