VZBuzz today posts a purported image of upcoming sumer deals from Verizon.com.  Among the cheap Androids and Blackberries, it shows an iPhone for $150.99.  While the source is certainly untested, the move would make sense to clear out excess inventory for the next iPhone, due in the Fall.  Walmart offered the iPhone 4 for $147 in the month of June so the move wouldn’t be unprecedented either.

Verizon currently offers the refurbished iPhone 4 for $150.