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Monday, August 06, 2012, 03:05 pm PT (06:05 pm ET)

Sprint drops iPhone 4S price to $149 ahead of rumored next-gen iPhone release

U.S. wireless carrier Sprint has cut the price of Apple's current iPhone 4S to $149 and is waiving activation fees for the handset ahead of a rumored Apple special event that may see the launch of a next-generation iPhone.

As reported by All Things D, the new $149 price tag showed up on Sprint's website over the weekend and represents a $50 savings not including the $36 activation fee waiver.

The new pricing comes ahead of a rumored special event Apple is said to be planning for Sept. 12, where many expect the company to launch the sixth-generation iPhone and possibly a smaller 7-inch iPad.

Sprint Price Cut

Source: Sprint