It might not have the trademark, but that hasn't stopped Apple shaving the cost of its entry-level iPhone 4 and 4S' to something closer to its price tag in North America. The 16GB iPhone 4S is now R$1,699 ($840), down from R$1,999, while the 8GB flavor of the iPhone 4 now rings in at R$1,099 ($544), reduced from R$1,499. According to O Globo, if you're willing to pay upfront in full (and by phone) you can even snatch an extra 10 percent off both. Otherwise, Brazilians will need to visit the online store to lay claim to the heavily-discounted handsets.
Source:Apple Store (Brazil)