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Radio Shack is discounting all existing models of the Apple iPhone 4 by $30 - bringing the 16GB version to $169 and the 32GB model down to $269. They are also coupling this discount with an trade in offer which allows customers to get as much as $150 off if they trade in their Apple iPhone 3GS. So you can potentially get the 16GB iPhone 4 for just $19 which is an amazing deal.
This promotion will be on until 20 August, so if you are looking for a deal on the iPhone, this may be it. However we must advise you that once the new iPhone is released, the previous model in this case the iPhone 4 will get a huge discount on it's price. It may be best to hold on until then.