AT&T announced that to clear out existing stock, they have slashed prices of refurbished iPhone 3G’s to $49 for the 8GB variety, and $99 for the 16GB flavor, and they’re still available in black and white.

iPhone 3G

Now that’s savings, folks (albeit for now aging technology). Their goal we’re certain: to clear out any and all inventory of the older iPhone, so they can cash out of that model and focus fully on the new 3GS model.

AT&T urges customers to check the Store to find out availability. Go to this URL to find a store near your location: http://www.wireless.att.com/find-a-store/

The move caps a busy week for AT&T as they ready MMS to be launched to customers across the US, and furiously updating their network to cope with the expected network busyness.

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