Does Wal-mart’s Discount of the 3GS to $97 Indicate a New iPhone Coming in June?

If you’re looking for a cheap but great quality iPhone, you have to take a look of the latest offer from Wal-mart.  The company announced that it is offering the 16GB version of the iPhone 3GS for $97. But, you have to sign a 2-year contract with At & T. That’s about it. So, there may be a question why Wal-mart is selling 3GS iPhone with $100 off. Does that signal that new iPhone is coming on June 7th.

If you look at Walmart.com, it shows the 16GB 3GS in Black or White for $97, but then the next is the the 32GB version for $297. The website does not display about iPhone 3G. May be Apple is trying to get rid of it. The big question now is whether  the new price for the 3GS will be $100 ($97 at Wal-mart) or not and then $199 for the new iPhone 4G, or whatever it might be called.