It appears VZBuzz has gotten their hands on some Verizon marketing material showing the iPhone 4 price dropping to $150.99. The screen also shows a plethora of Android and Blackberry price drops as well. I don't find it hard to believe this is legitimate as many carriers and retailers have been known to drop the price of the iPhone in anticipation of a new hardware announcement -- like iPhone 5 -- in order to clear out inventory.
Verizon currently offers refurbished iPhone 4's for $150, so could wesee a price drop in those as well?
