iPhone seen reaching Costco for $149

In a more controversial claim, analyst group Global Equities Research
founder Trip Chowdhry believes that Apple will bring iPhones to Costco
for $149 in January.

The step would be aggressive for Apple, which dropped the starting
price for an iPhone to $199 with the iPhone 3G and so would be cutting
the price just half a year later.

What sources if any Chowdhry uses to support the claim haven't been
revealed, casting some doubt on the authority of the report. However,
his research note comes on the heels of AppleInsider's news that
Orange France will run a promo lowering its price to 99 euros in a
promo that will end in January.

Apple opens discount iTunes movie section

Catering to a segment of the population that often hunts for bargain
movies, Apple has opened its Under $5 section on the iTunes Store.

As noted by Ars Technica, the page will contain a weekly selection of
movies that have all been temporarily discounted to $5 or less. Most
of these are currently older titles.

It's not known how permanent the feature may be or whether movies will
be regularly rotated into and out of the page as with Apple's existing
99-cent rental promos.