With an iPhone 5 launch ‘imminent’ in October (or September, your pick), existing supplies of the iPhone 4 appear to be ready for clearance. MobileSyrup has noted Future Shop will be selling the iPhone 4 for $99 on a three year contract from Telus tomorrow, as revealed below in the French version of the flyer:

Apple’s typical pricing cycle for iPhones has usually revolved around clearing out existing models for $99 to make way for new phones. We have seen similar price drops in the past from Rogers/Fido for iPhone 3G and iPhone 3GS. Last year, Future Shop reduced prices for iPhone 3GS units from Telus on June 16th. Then, about 45 days later the iPhone 4 was launched in Canada on July 30th. If we apply this same cycle for this year, we could expect the iPhone 5 to land October 1st from Telus, as rumoured–right?

We expect this deal to also appear at Best Buy, and to be matched by Rogers/Fido, and Bell, as always. Let us know if you spot this ad in your local flyer!