Starting this Saturday (22-06-2013), Walmart is aggressively lowring the price on Apple’s latest iPhone 5 and the oldest iPhone 4S. In order to get at the price that slashed for the devices will equire signing a new two-year contract with Verizon, AT&T and Sprint carrier networks.
Walmart’s price for the iPhone 5 running iOS 6 will sell for $129 (down frm $189) and the iPhone 4S will sell at $39 (dropped from $89). However, this isn’t the first time when Walmart has offered drastically lower prices for Apple iDevices.
Walmart in December, offered the iPhone 5 for just $127 and the iPhone 4S for $74 as part of a holiday promotion. And now, it has been cut off the price seamlessly and the offerring is temporary and in fact told its the permanant price of the items.
To grab both the iPhone 5 and iPhone 4S, you have to visit the Walmart stores and the new price slashed will reflect there only, but not available online. The price drop is also notable because Apple has limited the degree to which retailers can drop prices on its products.
Although some retailers like Walmart frequently discount items by $10, cutting the price by more than 30%, and in the case of iPhone 5, it was deducted to 70%, and with the iPhone 4S, its unprecedented.
Actually, in January – Best Buy said it lost $65,000 in one day because of price matching Walmart’s sale price on the iPhone 5. Now, Walmart is targeting with $129 price point, reason behind price drop for iPhone 5/4S is – the company has excess inventory it wants to clear out before the rumored iPhone 5S comes out this fall.
The good news for iPhone 4S buyers – We fully expect an 8GB version of the iPhone 4S to be made available for free of cost this fall. The iPhone 4S is still a terrific phone and certainly better than any other smartphone in the sub-$50 with contract price area.
Does Walmart’s price cuts to the iPhone 5 and iPhone 4S matter? Does it change your purchasing plans? It’s behind the scenes and let us know in the comments below.