Walmart has now permanently slashed prices for iPhone 5 and iPhone 4S. It isn’t unusual to see Apple’s smartphones being offered for low prices, but that’s usually during a promotion of some sort, very rarely are prices dropped permanently. Such permanent drops are often seen when a new iPhone pushes its predecessor down one slot. It was rumored a couple of days ago that Walmart was going to cut prices, what was thought to be a promotion has actually turned out to be a permanent thing.

Walmart will now be offering 16GB iPhone 5 for $129, the smartphone will come with a two year contract, customers can choose from AT&T, Verizon and Sprint. The 16GB iPhone 4S will be available from the same mobile networks for just $39 with a two year contract. AT&T recently started a promotion in which it is offering iPhone 5 for $99 on contract. It is believed that retailers and carriers are initiating these kinds of promotions because Apple wants inventory to clear out before the next generation iPhone hits stores later this year. It is a logical assumption, but for those who have been waiting to get a good deal on a new iPhone 5, this is a good offering.

Filed in Cellphones. Read more about iPhone 4S, iPhone 5 and next generation iphone. Source: mashable

Key SpecsiPhone 5iPhone 4s
Status ReleasedReleased
Resolution 1136x640960x640
Display Diagonal 4"3.5"
Processor/Soc Name A6, 2-core, 1.3 GHzA5, 2-core, GHz
Max. Total Storage Capacity 64 GB64 GB
Megapixels 8 MP8 MP
Battery Capacity (mAh) 1440 mAh1432 mAh
Street Price $549$450
Complete product data Apple iPhone 5 Full specsApple iPhone 4s Full specs
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