The 4S would probably drop to 49$ for a few months before it goes down to free. Companies are opting from the 3GS (very hot for many companies) to the 4S and skipping the 4 for the Siri factor. My brother works for Jetro, and they're currently giving out Blackberries and 3GS' (both free for companies) but if they're willing to hold off with just a random Blackberry for about a month, they can turn it in for a company 4S when they become 29 or 39$ per unit (company prices). If they want it now, it's 69$ a unit new or 39$/unit for refurbished.