Report: Wal-Mart to Sell iPhones

New York City Rumors are circulating that Wal-Mart Stores will start selling $99 iPhones in the near future. The rumors have gained momentum in recent days with reports that the retailer has been training its employees on how to sell the Apple Inc. devices.

Bloomberg reported it talked to employees at five Wal-Marts in California who said the phones would be in stores by the end of the month.