Sam’s Club Offering The iPhone 4 For $147

Sam’s Club members can now purchase a 16GB iPhone 4 for just $147. This price requires a two year contract, and is only good through Christmas Day. This news comes from Engadget, which also reports the iPhone 3GS is available for just $47. According to an internal Sam's Club memo:

"We will be offering these devices at this outstanding Member value until Christmas Day," the memo reads. "Please reprint your flags and have a great sales weekend."

Just days ago, Radio Shack announced it would sell Apple's newest handset for $149. The Sam's Club price is now the lowest for the iPhone 4.

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