Well it seems the iPhone 5 is definitely making its way out to the wood work. It seems that the rumors from numerous sources may indeed be correct for the release date of mid-September for the iPhone 5. When Apple is preparing to release a new product, the existing product prices receive a massive beating in an attempt to clear old stock.

Today, Engadget and PhoneArena have reported that both Radio Shack and Target will start offering price cuts on the iPhone 4 and the iPhone 3GS.

Rush down to your local Radio Shack store to purchase an iPhone 4 16GB for the amazing price of just $169.99!

Radio Shack has slashed the prices of the 16GB iPhone 4 from $199.99 to $169.99, and the 32 GB from $299.99 to $269.99. However these prices will only be effective on AT&T.

Due to the expected high demand for the new device, Apple has already requested shipments of over 15 million iPhone 5 units from its supply partners

Well obviously if your already in the line to get an iPhone 5, these price cut are useless to you!

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