Target today announced it will reduce the price for the iPhone 8GB 3GS from $99 to $49 in 846 of its stores with Target Mobile centers. This promotion is offered in conjunction with Target’s Electronics Trade-In service, which allows guests to trade-in a used cell phone for credit towards any Target purchase – making the 8GB 3GS iPhone an even greater value. “This promotion offers Target’s guests a tremendous value on one of the most popular electronics products in our store,” said Mark Schindele, Senior Vice President of Merchandising for Target. “Guests can also take advantage of our Electronics Trade-In service to receive a trade-in card to put towards a purchase of the iPhone 3GS.” Target delivers a convenient mobile shopping experience with in-store activation and expert support from Target Mobile specialists. Target Mobile centers are currently available in 846 Target locations nationwide and will be rolling out to most Target stores by mid-2011. About Target Minneapolis-based Target Corporation (NYSE:TGT) serves guests at 1,752 stores in 49 states nationwide and at Target.com. In addition, the company operates a credit card segment that offers branded proprietary credit card products. Since 1946, Target has given 5 percent of its income through community grants and programs; today, that giving equals more than $3 million a week. For more information about Target’s commitment to corporate responsibility, visit Target.com/hereforgood. Note: Target welcomes the media to its stores. To contact your local store about shooting b-roll or photos, please visit “Find a Store” at www.Target.com and contact the Leader on Duty directly to request a visit or interview. You also may visit our online pressroom at www.Target.com/Pressroom to access product information, photos and more.