Monday, September 2, 2013

Wal-Mart slashing iPad and iPhone prices ahead of expected announcements - fox13now.com

09-24-apple-iphone-5

NEW YORK (CNNMoney) – iPhone discounts are typical this time of year, but Wal-Mart’s will be tough to beat.

The retail giant said it has slashed the price of the 16 gigabyte iPhone 5 to $ 98. Wal-Mart had previously offered it for $ 129 – still far cheaper than the usual $ 200 price tag of the iPhone 5. To get the discount, customers will need to sign a new two-year contract with AT & T, Verizon or Sprint.

Wal-Mart also cut $ 50 off the price of its 10-inch iPads. The latest iPad with Retina Display now costs $ 449 and the price of the iPad 2 is $ 349. The $ 330 iPad mini did not get a discount.

The price cuts come as Apple is widely expected to be unveiling a new iPhone and possibly a new iPad on Sept. 10. Retailers often slash prices to clear out inventory ahead of a new product launch.

RadioShack is currently offering a $ 50 discount on all iPhones, including the iPhone 4S and iPhone 4, and customers don’t need to sign a new contract to get the price-cut. T-Mobile is offering the iPhone 5 for $ 149 with a new two-year payment plan.

And like Wal-Mart, Best Buy is offering $ 100 off the iPhone 5, but customers need to trade in their old iPhone to get the deal – not such a bargain when you consider older iPhones are fetching as much as $ 300 in some channels.

But Wal-Mart’s deal undercuts all of them.

The retailer also cut the price of the iPhone 4S to $ 39, down from $ 89. Most iPhone 4S smartphones sell for $ 100 with a new contract.

At the same time, Wal-Mart slashed the price of the Samsung Galaxy S4 to $ 138, a $ 10 price cut on the Verizon version and a $ 30 discount on the AT & T edition.

The-CNN-Wire
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