We now have reason to believe that the Blackberry Storm by Verizon wireless is going to be $499 when it releases. There are a lot of anxious fans out there that have been searching every bit of information they can find trying they can learn about it.

Someone managed to find the Approximate Retail value (APV) in the terms and conditions. In the APV is states that a Daily Grand prize of a Blackberry Storm 9500 Smartphone and a $50 Verizon wireless gift card is worth approximately $549. Doing a little bit of simple math automatically tells you that the Blackberry Storm will retail at $499, “Prizes: Daily Grand Prizes (50): A Blackberry “Storm” 9500 Smartphone and a $50 Verizon Wireless gift card Approximate Retail Value (”ARV”): $549 each.”

[Via Rimarkable]