Madison
68° F
Mostly Cloudy
Mostly Cloudy
Advertisement

Walmart cuts iPhone prices

By By Katie Lobosco
Published On: Jun 26 2014 06:44:10 PM CDT
Updated On: Jun 27 2014 02:54:08 AM CDT
Wal-mart headquarters

Reuters

NEW YORK (CNNMoney) -

If you're still holding out for the price of the newest iPhones to drop, your time has come.

Walmart said it is cutting the price for both the iPhone 5s and 5c beginning 9 a.m. Friday.

With a two-year contract, a 16-gigabyte iPhone 5S will cost $99, coming down from $149. The 16-gigabyte iPhone 5c will be $29, down from $49.

The deal is only for purchases made at Walmart stores, not online.

The move may fuel speculation that Apple is planning a new iPhone release before its usual fall launch. Retailers often slash prices ahead of new releases to clear out inventory.

But a Walmart spokeswoman said the retailer is simply sticking with its mantra, aiming to offer great prices to its customers.

Walmart rolled back the price of these smartphones in March, but only for a limited time. Now, the price cut is permanent.

Advertisement
  • Lethal injection

    Reuters

    History of the death penalty in America

    The alleged botched execution of Arizona prison inmate Joseph Wood has put capital punishment -- specifically, the manner in which criminals are executed -- back in the spotlight. Take a look at the history of the death penalty in America.

  • Pope Francis, Cardinal Jorge Mario Bergoglio

    REUTERS/Dylan Martinez

    Reasons why Pope Francis is cool

    Pope Francis is coming to the U.S. in Sept., to head the eighth World Meeting of Families in Philadelphia, according to the National Catholic Reporter. Take a look at the many reasons why Pope Francis is cool.

  • smile

    istock

    Happiest/unhappiest U.S. cities

    It seems that residents of Louisiana are some of the happiest people in the country, and New Yorkers remain some of the unhappiest, according to a new report. Take a look at the happiest - and unhappiest - U.S. cities.

Advertisement