01/08/2009 05:12 am ET Updated May 25, 2011

Walmart iPhones: Will They Be Cheaper?

Apple (AAPL) will sell its iPhones in Wal-Mart before the end of December, reports Bloomberg News, confirming earlier rumors. There's no word yet if the Wal-Mart iPhone will go for $99 -- versus $199 and $299 elsewhere -- as its also been rumored.

Bloomberg confirmed the rumor by calling Wal-Mart stores and speaking to employees, who were either unaware or unconcerned with Apple's notorious secrecy demands:

Employees in the cell-phone departments at five California stores, contacted by phone today, said Wal-Mart will offer iPhones by the end of December. Employees are currently being trained on how to sell the device, all five said.

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