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Apple Insider reports that Radio Shack is planning to drop the price of the 16GB and 32GB AT&T iPhone 4 on Sunday to $169.99 and $269.99 respectively, while the price of the 8GB iPhone 3GS is expected to fall to $19.99, according to a new leak.



Tipsters sent Engadget a leaked photo (below) of what appears to be an internal document for retailer Radio Shack. According to the leak, the new prices, which require a new or upgraded 2 year contract, will take effect on Sunday, July 31.

Early 2-year upgrade customers can purchase the 16GB iPhone 4 for $399.99 and the 32GB model for $499.99. For customers looking to purchase the device without a contract, Radio Shack offers the two models for $749.99 and $849.99.
  Leak suggests Radio Shack to slash iPhone 4 prices by $30