Walmart is ready to sell buyers looking for on-contract smartphone even cheaper iPhone 5s models, as well as other smartphones, CNN Money (via 9to5Mac) reports. Purchased with a two-year contract with either AT&T or Verizon, the iPhone 5s costs only $119, down from its previous $145 price. Similarly, the iPhone 5c now costs $29 on-contract, down from $45, while Samsung’s Galaxy S4 is priced at $49 instead of $99.
Furthermore, buying any Samsung smartphone between March 9th and March 22nd will net buyers a free $50 Walmart gift card, as long as the deal involves inking a new carrier contract.
Walmart isn’t the only retailer ready to offer buyers a cheaper iPhone, as Best Buy is currently offering the handset for $50 off the regular price, or $149.99 with new contracts. The same deal applies to the colored iPhone as well, as Best Buy sells the iPhone 5c for $49.99 with new contracts. However, Walmart appears to be ready to do anything to beat its rival when it comes to iPhone prices.
CNN Money sees the iPhone price drop more as an indication that the “smartphone market is approaching saturation, which makes it harder for new products to replicate the success of previous offerings,” rather than a sign that the iPhone 5s’ successor may launch much earlier than believed.
Meanwhile, iPhone 5c deals are only to be expected considering that a recent report revealed that impressive iPhone 5c stock is gathering dust in storage both with Apple’s suppliers and retail partners.