It seems that U.S telecom CDMA ruler Verizon is about to drop the price of its CDMA iPhone 4 to $150, which was introduced back in the start of this year in February. According to the report of VZBuzz, which shows up the screenshot of verizon.com on which the summer deals showing up with cheap android and blackberries and the CDMA iPhone 4 for $150.99.

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While reporting this news its is important to note that this source is not verified and may be this news will not going to happen, Verizon putting the iPhone 4 on sale now could make a lot of sense, given the firm would likely want to get rid of its surplus stock of the device ready for the introduction of “iPhone 5? possibly later this year.