$99 4GB iPhone for cash concious Walmart shoppers after Christmas?

BGR has the goods on a proported $99 4GB iPhone going on sale at Walmart on Dec 28th.  Sounds good initially.  You can still keep the  high ground with your 16GB monster while the unwashed masses go about with thir $99 – can barely hold the Star Wars Trilogy – handset.  More marketshare, more potential customers for apps, more websites designed for iPhone.  Woot!

But, as we’re sure many of you know, the two year plan that is required costs $80- $100 a month depending on the plan you choose.  If you can’t afford the extra $100 for an iPhone, are you going to be financially able to get on a $100/month plan?  Sounds like a poor financial decision. 

Perfect for the Walmart demographic?

Maybe, just maybe, Apple has some EDGE iPhone chipsets (sans GPS) laying around ready to go for another run.   Heck, even the old design was pretty solid.

So, maybe also at lower plan prices?  Even the old AT&T plan prices would be a gift for the holiday season.

Will a $100 giftcard to Walmart will be the "must have" gift this year?