Best Buy has dropped the price of the iPhone 4 in its store and online to $49.99.
The discounted price is $50 less than the 4's regular retail price, and it comes the same week Best Buy discounted other Apple products, notably MacBook Pros.
The $49.99 is available with a two-year contract and comes with free shipping if its purchased online.
[Updated, 1:31 p.m. May 17: The discount applies to the 8GB iPhone 4, based off of Best Buy's website.]
While the deal is nice, it isn't the only one going on with the iPhone 4 or even the iPhone 4S. Both Target and RadioShack slashed the price of the two most recent iPhones by $50 earlier this month, according to CNET.