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Apple Drops iPhone 4S Price To $99 And Will Give Away The iPhone 4 For Free

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http://techcrunch.com – At the Apple live event, Tim Cook announced that the iPhone 4S will still be available and the price will drop to $99. Apple is perpetuating the same strategy by keeping the previous generation iPhone in its line-up to attract customers concerned by the price. The iPhone 4 will stay in the lineup as well and Apple will give it away if you sign a two-year contract in the U.S. A similar offering should show up around the world. With the iPhone 4S, the company is competing directly with entry-level smartphones, such as the Motorola Razr M. Producing a cheaper phone is important as well for emergi (IT news)