Radio Shack Offering iPhones for $24

From now until December 11, your local RadioShack is holding an unprecedented sale on the Apple iPhone 4 and iPhone 3GS. It is knocking $50 off the contract price, dropping the 32GB model to $249, the 16GB model to $149, and the iPhone 3GS down to just $49.

Those are the lowest prices from any legitimate, authorized retailer for the iPhone 4 and 3GS.

RadioShack also has a trade-in program that will drop prices further. If current iPhone users trade in their iPhone 3G, they'll receive a credit of $75 (assuming the device works and has an unbroken screen). Customers who trade in an iPhone 3GS in working condition will receive a credit of $125.

Combining the $149 sale price with a $125 credit drops the effective price of the iPhone 4 16GB model to just $24, and the iPhone 4 32GB to $124 (not including taxes and fees).

It is only available at RadioShack's brick-and-mortar retail locations.

These prices are available to new AT&T customers, as well as to AT&T customers who are eligible for an upgrade. RadioShack says the promotion is meant to "boost awareness of its wireless business and create an edge up on the competition."

Radio Shack Re-branding itself as "The Shack"

Nice try!

 The electronics retailer RadioShack will now and forever be known as "The Shack". While I like this better than Pizza Hut being called "The Hut", the company formerly known as the Tandy Corporation is trying to rescue itself from becoming the next Circuit City. RadioShack was once the "Go To" place to find obscure electronics parts and supplies. Anyone else have a free-battery card? Now to me, it is kind of an afterthought. I can't remember the last time I was in the RadioShack about 2 miles from where I live. For "The Shack" to survive they have to determine who they are. Are they going to be a smaller version of Best Buy or Circuit City? Are they going to go back to what they were in the 70's and 80's? They have a partnership with T-Moble, but big deal. They sell name brand netbooks and computer supplies, but so what. What is "The Shack" going to be able to do for me? They have to figure this out fast. Oh, and by the way, Lance Armstrong next year will be racing on a cycling team with its main sponsor being "The Shack".