Radio Shack Cuts Contract iPhone Price







The US electronics store chain Radio Shack had cut the price of new iPhones on contract.

It's knocked $30 off the up-front cost.

The move has fueled speculation that the launch of the next-generation device is imminent.

There are reports a new iPhone will be announced in August and go on sale in the US in September, followed by other countries - including the UK - a month later.

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