Leading retail stores Wal Mart cut the price of the iPhone 5massively. 16GB version of the iPhone 5 can now be obtained at the price of USD 127 from the originally priced $ 189.97.
The starting price is indeed cheap, but consumers are bound to service contracts with local operators for 2 years. With Verizon, Sprint and AT & T.
Wal Mart offers are valid for 30 days at 3,000 stores spread across the United States . News of iPhone 5 discount is quite surprising given Apple gadgets seldom cut prices.
Apple is known to focus on the premium price. However, a spokesman for Wal-Mart said that the price cuts are planned with Apple.
"We are working with them about these discounts. They are a great partner," said Sarah Spencer, a spokesman for Wal-Mart.
In addition to the iPhone 5, Wal-Mart is also discounting iPad and iPhone 4S
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