Aug. 7, 2012 at 2:10 PM ET
You always know a new iPhone is coming when the price on the current model drops, and so it begins: Sprint has reduced the price of a new 16 GB iPhone 4S to $149.99, a drop of $50. The carrier is also waiving its activation fee.
The offer is shown on Sprint's website. Price cuts of $50 also apply to the 32GB iPhone 4S, down to $249.99, and the 64GB model, reduced to $349.99.
Verizon Wireless and AT&T declined to comment Tuesday to NBCNews.com on whether they'll lower their prices on the 4S. But odds are they won't be too far behind Sprint.
Word is that the new iPhone will be announced Sept. 12, and historically, price drops and rebates on the current model start about a month before that news.
A spokesman for AT&T did note that the carrier offers refurbished 16GB iPhone 4S for $150 with a 2-year contract.