AT&T today announced that it has dropped prices on its stocks of refurbished iPhone 3G models while supplies last. Pricing is now set at $49 for 8 GB models and $99 for 16 GB models in both black and white.

New pricing available in AT&T stores for iPhone 3G refurb devices! $49 for 8GB, available in black, and $99 for 16GB, available in black and white. Available in our stores while supplies last. Contact your local AT&T Store to check availability. Search here for a store near you: http://www.wireless.att.com/find-a-store/

The move comes as many AT&T iPhone customers anxiously await the launch of MMS functionality for the iPhone in the U.S.

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