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• It is now confirmed that Wal-Mart will indeed begin selling the iPhone 3G on December 28th in select locations (TBA).
• Customers must purchase a 2 year contract in order to get the phone for $197 (8GB) and $298 (16GB).
• 2,500 locations will offer the iPhone 3G, offering both a product display kit and in-store activation via Pos.com (site is not live yet)
• In addition to Walmart, 69 Sam’s Club locations will also begin selling the phone on the 28th.
• From Walmart (December 4th, 2008) “We are pleased to announce that Wal-Mart has reached agreement with Apple to offer iPhone 3G in Wal-Mart and Wal-Mart-managed Sam’s Club* Connection Centers nationwide beginning December 28, 2008.  AT&T will support Wal-Mart and Sam’s Club with the activation process for iPhone 3G, and we need all National Retail employees engaged to ensure a successful launch”
• This is big news for Apple as many customers throughout the US will now be able to buy the iPhone who never had access to an Apple Store. This increases their distribution hugely. Great for the stock.
• This is bad news for BestBuy, who recently began selling the iPhone and is feeling more and more increased pressure from Walmart as they move further into electronics and gadget competition. 

Also See: MobileMe Trial Accounts Expiring

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