Sprint paid a lot of money to get the iPhone and it is obviously looking to sell as many as it can. The carrier announced today that it has dropped the price of the 16GB iPhone 4S to just $149.99 with a new 2-year agreement. The 32GB is $249.99, and the 64GB is $349.99.
It is incredibly rare to see any Apple product go on sale, let alone at this big of a discount. This does not appear to be a sale however, but rather a permanent price drop.