It seems we’re going to see a lot more of the iPhone following the holiday season. Rumor has it that after Christmas, you can expect to see the iPhone in some Wal-Mart stores.

According to internal correspondence obtained by the Boy Genius Report, Wal-Mart has reached agreement with Apple to offer the iPhone in Wal-Mart and Wal-Mart-managed Sam’s Club Connection Centers nationwide beginning December 28, 2008. AT&T will be supporting the two chains Wal-Mart and Sam’s Club with the activation process.

So aside being able to pick up a HTC G1 on T-Mobile and an iPhone on AT&T at Wal-Mart, what does this mean? Well, for one thing, we reckon it’s wise that Wal-Mart is holding off until after the Christmas rush before it starts stocking iPhones.

Considering the popularity of the device following its launch at the beginning of July, we figure as Christmas looms closer, iPhones will be pretty thin on the ground. Offering them in Wal-Mart stores would mean even less stock to go around. That said, reports say iPhone sales are calming down a little so we wonder why Apple isn’t pushing the phone in as many stores as possible this Christmas.

No news yet on how much the iPhone will cost in Wal-Mart but we’re hoping it will be a little cheaper at Wal-Mart than anywhere else. It’s hard to imagine the not so tech-savvy choosing the iPhone when a cheaper G1 is on the shelf beside it.

Check out the full story on BGR.