By Evan Ackerman

This is certainly not an, um, certainty, but rumor has it that Wal-Mart will being selling a 4 gig version of the Apple iPhone for a mere $99, starting December 28th. This sounds like a relatively good deal, but remember that you’ll be paying nearly that much every month (usually about $70) to use the thing. And you don’t even get all of that storage… Out of the box, the 8 gig iPhone has something like 7.08 gigs free (the OS eats up the rest), so it seems likely that an 4 gig iPhone will only give you a little bit over 3 gigs to play with. Furthermore, Wal-Mart (just like everywhere else) requires you to sign a new 2-year contract with AT&T, so even if you’re okay with 4 gigs right now, you should ask yourself how you’ll feel about that amount of storage a year or so down the road.

VIA [ Macrumors ]