Radio Shack poised to sell $95 iPhone in 3,000 nationwide locations this weekend

Radio Shack will begin selling the iPhone in 3,000 of its 4,500 nationwide stores this weekend, making it the second largest retailer of Apple handsets behind Walmart.

AppleInsider reports that Radio Shack will begin selling the iPhone in 3,000 of its 4,500 nationwide stores this weekend, making it the second largest retailer of Apple handsets behind Walmart. 

Notably, Radio Shack is planning to sell the 8GB model iPhone for only $95, making it the lowest price point to date for Apple's revolutionary smartphone. AI points out that the move could prove especially beneficial for Apple as it may increase sales during an otherwise uneventful part of the calendar year, especially with the iPad now the focus of everyone's attention and a new iPhone model presumably poised to hit store shelves later this summer.

Radio Shack will reportedly highlight its trade-in programs wherein users can trade in their old phones for a Radio Shack gift card, and then use that balance towards the purchase of a new iPhone or other product of their choosing.

For example, a previous-generation 16GB iPhone 3G that appraises "in fairly good condition" could net up to a $171 Radio Shack gift card, if it is tied to an expiring or expired two-year contract, bringing the cost of a new 16GB iPhone 3GS down to just $25 before taxes and AT&T's standard $36 new phone activation fee.Similarly, a BlackBerry Bold 9000 in good condition could be worth up to $143 in trade-in value, according to Radio Shack's website, while a HTC MyTouch 3G and Palm Pre could each fetch up to $120.

Radio Shack first announced its plan to start selling the iPhone at a large number of retail stores back in November of 2009, and more recently, iPhone models have been available at a select number of Radio Shack outlets in Fort Worth, Texas and New York City.

While one doesn't typically associate Radio Shack's seemingly random selection of assorted electronics with Apple products, Radio Shack has been selling iPods since 2005 and their upcoming entrance into the iPhone market will undoubtedly be a mutually beneficial relationship for both companies.

Advertisements for Radio Shack's foray into the iPhone business will be sent out this weekend and will reportedly reach over 20 million households.

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