The newest gadget today is the Apple iPhone. Currently, the iPhone is sold through AT&T, the sole service provider for it, Best Buy, and Apple stores. Apple is looking to add a new partner in its distribution of the iPhone – retail giant Wal Mart. Wal Mart has been looking to stimulate its consumer electronics sales, and is rumored to be on the cusp of adding the iPhone to its roster of mobile phones that they offer. Apple is said to be preparing a Wal Mart edition of the iPhone to hit shelves in the stores by just after Christmas. The iPhone, which retails at $199 for the basic edition, so far comes in 8 and 16-gigabyte models. The rumor is that the edition about to be sold at Wal Mart will only carry 4 GB of storage, and will retail for $99, half of the basic edition that is currently offered. Another rumor is that the basic model will arrive at Wal Mart instead, at a discount of only $2, so it will sell, with a 2 year AT&T plan, for $197 instead of the customary $199. (Not rolling it back TOO far, I see.) The idea is that if Wal Mart carries the 4 GB phone only, it will move mass units without undercutting the market for the 8 and 16 GB models. Wal Mart is starting to bring in third party advisors to educate their staff and consumers about late model technologies, in anticipation of the event. Click here to read the article at the payday loan store.