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Updated from 12:25 p.m. EST
Apple(AAPL Quote) has joined forces with Wal-Mart(WMT Quote) to sell its iPhones in the retail giant's stores, ending weeks of speculation that the firms were forging a smartphone deal.
Starting Sunday, Wal-Mart will offer a black 8GB iPhone 3G priced at $197 and a $297 16GB model, available in either black or white. The iPhones, which will be sold in nearly 2,500 stores, will be offered with a new two-year service agreement from AT&T(ATT Quote), according to Wal-Mart.
"Our electronics associates have been preparing for many weeks for the arrival of the iPhone 3G," said Gary Severson, senior vice president of Wal-Mart's entertainment business, in a statement Friday. ...
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