iPhone 5 Update – AT&T Drops iPhone 3GS Price, Makes Way for iPhone 5

One more sign that the iPhone 5 is just around the corner could be news that AT&T is reportedly dropping the pricing on the iPhone 3GS to as little as $9.95 (with contract and data package, or course).

Why would that point to the iPhone 5 you ask?  Simple… AT&T is making room for the arrival of what could be the most popular iPhone to date.

Regardless of the popularity of the iPhone 5, AT&T doesn’t want iPhone 3GS inventory laying around when the new model arrives.

via BeatWeek