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Apple Slashes iPhone 4S to $99, iPhone 4 Goes Free on Contract

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As part of today’s “It’s Almost Here” iPhone 5 keynote, Apple announced the all-new iPhone 5. Whenever a new iPhone is announced, older generations usually get a price cut and that is exactly what has happened again.

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We’ll find out if the iPhone 3GS has been discontinued or not once the Apple Store goes back online. Earlier we learned of the unlocked iPhone 5 prices in Canada starting at $699.

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