It is not abnormal to hear of discounts being introduced to the iPhone at this time of the year, but Wal-Mart might prove to to have an offer that you cannot refuse – as they have introduced price cuts so steep, you might even be moved to pick up an iPhone 5 even though you have been holding out for an iPhone 5S all this while. According to Wal-Mart, they have reduced the 16GB iPhone 5 to just $98 a pop, compared to its previous price point of $129 (which by the way, is still significantly more affordable compared to the standard $199.99 price tag of the iPhone 5). In order to qualify for this particular discount, you will need to sign up with AT&T, Verizon or Sprint for a new 2-year agreement,

Not only that, Wal-Mart will also reduce the price of its 10” iPads by $50 a pop, which means the most recent iPad with Retina Display model will cost $449 a pop, while the iPad 2 will be $349. Folks who have kept their fingers crossed for a cheaper iPad mini will be disappointed. These price cuts normally signify an effort on the retailer’s part to get rid of old stock with Apple widely expected to unveil the new iPhone 5S, with the possibility of a new iPad this coming September 10th, too.

Filed in Apple >Cellphones. Read more about iPhone and iPhone 5. Source: fox2now

Key SpecsiPhone 5
StatusReleased
Resolution1136x640
Size (Diagonal, Inches)4"
Processor NameA6
2-core
1.3 GHz
Max. Total Storage Capacity64 GB
Megapixels8 MP
Battery Capacity (mAh)1440 mAh
Street Price$549
Complete product dataApple iPhone 5 Full specs
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