Apple's iPhone 4S drops to $149 with Sprint

With little brouhaha, the cell phone carrier slashes the price of its iPhone 4S by $50. Some might say this means a new device is on the horizon.

Apple

Apple fans may be quick to read into this: over the weekend, Sprint dropped the price of its iPhone 4S from $199 to $149.

Could this be in anticipation of the iPhone 5?

Sprint's $50 price cut, first reported on by AllThingsD, comes before competing carriers have dropped their prices. AT&T's iPhone 4S is still $199, as is Verizon's.

According to AllThingsD, rumor has it that the price slash is a Sprint promotion but with Apple's approval. A spokesperson for the carrier told CNET that the price drop is simply a back-to-school promotion.

Apple is planning a major event in mid-September and, according to recent iPhone chatter, it will be announcing the new iPhone there and could possibly release the device just a few days later.

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