It's Target's turn to sell the iPhone 3GS for $49.
The company previously sold the iPhone 3GS for $99. The phone is available in 846 stores, Target said.
Target's reduced pricing followslast week to drop the price of the smartphone to $49. Apple is also selling the device at the discounted rate. To take advantage of the discounted pricing, consumers need to sign up for a new two-year agreement with AT&T or be eligible for an upgrade.
The cheaper iPhone 3GS likely won't be the only news coming out of Apple's iPhone camp this week. Tomorrow,in New York City where it just might unveil an iPhone that runs on its network.